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Accounting Assignment | Custom Assignment Help

You are a certified public accountant. A client enters your office on April 14 with a bag full of disorganized documents and receipts. He asks you to prepare his tax return and would be happy to file an extension. However, the client expresses some urgency and would like to file the actual tax return as soon as possible because he says, “I should get a refund for all the huge deductions.”When looking through the client’s documents and compiling the tax return, you realize that there are not enough supporting documents for deductions that would result in a refund. Review the following to inform your discussion:

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RequiredHow would you handle this situation while being in compliance with Circular 230? Give an example of two actions that demonstrate that you are adhering to Circular 230 and explain why this is critical.

Suggest an alternate solution to communicate to the client.

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