AICPA SSTS#1 requires that a client’s tax return position: a. ?Have a realistic

Q: AICPA SSTS#1 requires that a client’s tax return position: a. ?Have a realistic

Solution: AICPA SSTS#1 requires that a client’s tax return position "Have a realistic possibility of being sustained if challenged by the Treasury of in the courts." Hence option a is correct.

ID: 2429509 • Letter: A

Question

AICPA SSTS#1 requires that a client’s tax return position:

?Have a realistic possibility of being sustained if challenged by the Treasury of in the courts.

?Be supported by substantial authority.

?Agree with all pertinent IRS interpretations of the tax law.

?Follow all interpretations of the tax law that were reflected on the immediately prior tax year’s return.

?Have a realistic possibility of being sustained if challenged by the Treasury of in the courts.

?Be supported by substantial authority.

?Agree with all pertinent IRS interpretations of the tax law.

?Follow all interpretations of the tax law that were reflected on the immediately prior tax year’s return.

Explanation / Answer

Solution:

AICPA SSTS#1 requires that a client’s tax return position "Have a realistic possibility of being sustained if challenged by the Treasury of in the courts."

Hence option a is correct.

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AICPA SSTS#1 requires that a client’s tax return position: a. ?Have a realistic

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