during a client interview, a tax preparer should: A)Not discuss different types of entities since this might imply the client has made the wrong choice. B)Recommend to the client their best choice for business entity after a thorough interview. C)Present the facts, but not recommend a particular type
during a client interview, a tax preparer should: A)Not discuss different types of entities since this might imply the client has made the wrong choice. B)Recommend to the client their best choice for business entity after a thorough interview. C)Present the facts, but not recommend a particular type
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
N4
When discussing types of business entities during a client interview, a tax preparer should:
A)Not discuss different types of entities since this might imply the client has made the wrong choice.
B)Recommend to the client their best choice for business entity after a thorough interview.
C)Present the facts, but not recommend a particular type of entity.
D)Always recommend choosing a sole proprietorship since this will minimize the client's tax preparation fees.
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