3-Regulations Governing Practice Before the Internal Revenue Service Flashcards
1
Q
Under Treasury Circular 230, the IRS requires that certain records be returned to a client by the tax practitioner even though no payment for services has been received. Records of the client for this purpose do not include
A
A schedule prepared by the practitioner that provides mathematical details of a particular amount included in a client’s tax return.
The broad definition of “records of the client” would certainly include these electronic materials provided by the client to the practitioner.
