How many tax returns do you prepare per year

Assignment Help Financial Management
Reference no: EM131306404

If you are considering hiring a tax preparer, use the following questions as an interview guide to screen candidates.

1. How long have you been preparing tax returns?

2. What training have you had preparing tax returns?

  • College degrees earned:
  • Tax training courses:
  • Certifications:

 

3. How long have you worked for this organization?

4. Do you carry professional liability insurance?

5. Is this your full-time job?

6. If I am audited, are you authorized to represent me before the IRS?

7. How many hours of continuing professional education are you required to have each year to maintain your employment?

8. How many tax returns do you prepare per year?

9. What type of software does your firm use to prepare returns?

10. What percentage of the returns done by you have been audited?

Reference no: EM131306404

Questions Cloud

Calculate and compare the risk betas : Calculate and compare the risk (betas) of the following investments: (a) a share of Google stock; (b) a one-year call option on Google; (c) a one-year put option; (d) a portfolio consisting of a share of Google stock and a one-year put option; (e) a ..
Difference between the relevance of dividend policy : What is the difference between the relevance of dividend policy to an investor in their late twenties to an investor in retirement? If a firm sells and restocks its inventory every 64 days, what is its inventory turnover ratio?
How nonverbal cues are regulating the flow of conversation : Based on your observations on how nonverbal cues are regulating flow of conversation, write an analysis including answers to the following questions. You will explore role of nonverbal communication in interactions between genders.
What is the importance of forming a diversified portfolio : What is the importance of forming a diversified portfolio with respect to the risk-­-return trade-­-off, incorporating the measures of risk for both individual securities and portfolios?
How many tax returns do you prepare per year : How many tax returns do you prepare per year?- What type of software does your firm use to prepare returns?
Which will be depreciated using straight-­-line : A doggy day care center is replacing old equipment and installing three new pieces of equipment for a total cost of $250,000, which will be depreciated using straight-­-line over four years. The old equipment being replaced will be sold for $35,000 a..
What would you expect the spot rate for pound to be one year : One-year interest rates are currently 1.5% in the United States and 4.8% in Great Britain. The current spot rate between the pound and the dollar is $1.85/£. What would you expect the spot rate for the pound to be one year hence if you believe in the..
Find optimal solution using the graphical solution procedure : Find the optimal solution using the graphical solution procedure. If the objective function is changed to 2A + 6B, what will the optimal solution be? How many extreme points are there? What are the values of A and B at each extreme point?
Give the answer of muliple choice question : A deductive argument that is constructed in such a way that IF its premises are true, its conclusion must be true is said to be,What follows with certainty from these three sentences?

Reviews

Write a Review

Financial Management Questions & Answers

  Prepare the statement of comprehensive income

Prepare the statement of comprehensive income and changes in equity

  Bond portfolio has a target duration

The manager of a $30 million bond portfolio has a target duration of 13 years for a portfolio with a current duration of 18 years. The manager can add zero coupon bonds with 15 years to maturity, perpetuities with a 15% YTM, or both to the portfolio ..

  Determine the break-even quantity for the new procedure

Researchers associated with South Miami Hospital (SMH) developed a new experimental laser treatment for heart patients. Its development team and the physicians who use the laser consider it to be a lifesaving advance. Determine the break-even quantit..

  Industrial firms paying dividends has increased

Which of the following are factors that help explain why the percentage of U.S. industrial firms paying dividends has increased since the early 2000s?

  Bonds foreign bonds are bonds sold by a foreign borrower

foreign bonds are bonds sold by a foreign borrower but denominated in the currency of the country in which the issue is

  What is the total amount invested by all stockholders

On January 29, Quality Marble Inc., a marble contractor, issued for cash 75,000 shares of $10 par common stock at $23, and on May 31, it issued for cash 100,000 shares of $4 par preferred stock at $6. a. Illustrate the effects on the accounts and fin..

  Debating between leveraged and unleveraged capital structure

Juno Industrial Products is debating between a leveraged and an unleveraged capital structure. The all equity capital structure would consist of 20,000 shares of stock. The debt and equity option would consist of 14,000 shares of stock plus $170,000 ..

  Calculate value of the option based on replication

Consider a two period binomial model where in each round the stock increases or decreases by 10%. The current stock price is $20 and the risk free rate is 3.33% each period. We first consider a European call option with a strike of $20. Calculate val..

  The pretax or the aftertax cost of debt

Jiminy's Cricket Farm issued a 30-year, 8.4 percent semiannual bond 9 years ago. The bond currently sells for 90.5 percent of its face value. The company’s tax rate is 30 percent. What is the pretax cost of debt? What is the aftertax cost of debt? Wh..

  Find two publicly traded stocks in different industries

Find two publicly traded stocks in different industries and look up estimates of their β. (a) Using Rf=1%, E(Rm) = 8%, calculate the E(r) for each stock. (b) Explain in words a non-finance student could understand why the one stock has a higher expec..

  What is the current price of the stock

A company will pay $2 per share dividend in 1 year. The dividend in 2 years will be $4 per share and it is expected that dividends grow at 5% per year thereafter. The expected rate of return on the stick in1%. What is the current price of the stock?

  Higher owners equity all else equal

Which of the following will result in higher owners' equity, all else equal?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd