Do accountants have to keep a tax return transcript for more than ten years on file?

Do accountants have to keep a tax return transcript for more than ten years on file?
by

1 Answer

Answer :

The IRS has a strict set of rules for everyone who prepares taxes. So due to these rules it is required that Accountants keep a tax return transcript on file for at least 7 years. Some though will keep them on file for a lot longer.
by

Related questions

Which online income tax course would better prepare me to file this year's income tax return?

Description : Which online income tax course would better prepare me to file this year's income tax return?

Last Answer : Turbo tax offers good online income tax course would better prepare you to file this year's income tax return. Just go to turbotax.com

What is the cheapest tax software for accountants I can find online?

Description : What is the cheapest tax software for accountants I can find online?

Last Answer : Being a tax accountant a good quality tax preparation software would be QuickBooks Accountant. You can find this online at: proadvisor.intuit.com/QuickBooks.

Do I need to file a tax return for my deceased father?

Description : Do I need to file a tax return for my deceased father?

Last Answer : Probably. Talk to an estate attorney.

Are illegal immigrants required to file an income tax return?

Description : Are illegal immigrants required to file an income tax return?

Last Answer : Illegal immigrants don't file. Remember they are hiding from the government. But, some do pay taxes. If they are using an illegal social security number they are paying in, their employers are ... them as though they are citizens. But, the majority of illegal aliens are working under the table.

How to file an income tax return ?

Last Answer : : Any income tax office or www.nbr.gov.bd should collect the return form from this web site and fill it by the taxpayer. If you are a new taxpayer, you need to attach one copy of ... of Taxes or any officer authorized by him after submission of return is considered as a tax assessment order.

At what time do I have to file my income tax return ?

Last Answer : In case of taxpayers of all classes except company, income tax returns have to be filed within the period of 3 months from 1st July to 30th September every year. If it is not ... is possible to file returns under the general or universal self-determination procedure within the extended period.

Where to file income tax return ?

Last Answer : : Income tax circle is specified for filing returns of each category of taxpayer. For example , all the civil government functionaries / employees and pensionable officers / employees who are located ... filing income tax returns from the nearest Income Tax Office or Tax Advice Center if required.

What form do I need to file a tax return?

Description : What form do I need to file a tax return as an individual and where can I download it?

Last Answer : I think you're better off hiring an accountant to file your tax return. They only ask for 2-3 thousand forints and they certainly don't spoil it. If you still want to file your tax return, you will find the required forms at the link below. https://www.nav.gov.hu/nav/szja/anyk53_telepit

What is the state ID number for Indiana Unemployment so I can file my tax return?

Description : What is the state ID number for Indiana Unemployment so I can file my tax return?

Last Answer : If you got taxable income from them then they will have sent youa form with the amount of that income and the state ID number. Ifyou did not receive such a form, you do not need that number.

Can a resident file a resident joint tax return if the spouse only has a B-1 or B-2 visa?

Description : Can a resident file a resident joint tax return if the spouse only has a B-1 or B-2 visa?

Last Answer : Can a resident file a resident joint return if the spouse onlyhas a B-1 or B-2 visa

how can I file an amendment to my 2010 tax return.?

Description : how can I file an amendment to my 2010 tax return.?

Last Answer : how can I file an amendment to my 2010 tax return?

I run a small corporation, do I have to file a corporate tax return?

Description : I run a small corporation, do I have to file a corporate tax return?

Last Answer : Corporations must file Federal tax returns every year, regardless of income or loss. The same is true in most states.

I'm retired, do I have to file an income tax return?

Description : I'm retired, do I have to file an income tax return?

Last Answer : If you are retired and are drawing Social Security, as long as you draw less than 50,000$ a year you do not need to file a tax return.

Where can you file a state income tax return for Vermont for free electronically?

Description : Where can you file a state income tax return for Vermont for free electronically?

Last Answer : Some states do not allow you to file taxes online. However, you can find out about Vermont's tax returns at the following website: http://www.state.vt.us/tax/forms.shtml.

Where online can I find out which states require you to file a state tax return?

Description : Where online can I find out which states require you to file a state tax return?

Last Answer : You can go to IRS.gov to find out which states require tax returns. TurboTax also offers this information.

Who has to file a tax return?

Description : Who has to file a tax return?

Last Answer : Anyone who has had a job or was employed during the fiscal working year has to file a tax return right before the deadline of April 15.

How can I file a free state income tax return?

Description : How can I file a free state income tax return?

Last Answer : If you go to your local IRS office, they should have the proper papers for you to fill out for your federal, and your state tax returns. You will have to do them yourself to get it for free.

How does one file an amended tax return?

Description : How does one file an amended tax return?

Last Answer : An amended tax return can only be filed by mail using form 1040x.

How To E-File Your Tax Return?

Description : How To E-File Your Tax Return?

Last Answer : In this day and age, almost everything can be done electronically. Tax filing is no different and today the majority of tax filers are now filing their returns electronically. The electronic filing process ... allows you to receive your refund much faster than if you were to file through the mail.

Can I file my own tax return forms?

Description : Can I file my own tax return forms?

Last Answer : Here is a site listing software that lets you file online: http://tax-software-review.toptenreviews.com/. Probably the most well known of these is TurboTax.

How do I file an amended tax return?

Description : How do I file an amended tax return?

Last Answer : When you are filing an amended tax return there are a couple of ways you can go about it. you can either call your accountant and get some advice from him. Another option would be to go online and there are several websites that will have a tutorial on how to file.

Where can I find the forms and instructions to file my state tax return?

Description : Where can I find the forms and instructions to file my state tax return?

Last Answer : You can get more information about your income tax form 1040 from companies like H&R Block and Jackson Hewitt or directly from the Internal Revenue Service.

Where can I find the forms and instructions to file my federal tax return online?

Description : Where can I find the forms and instructions to file my federal tax return online?

Last Answer : Turbo Tax (www.turbotax.com) has online forms to fill out and file your federal return online. Depending on the complexity of your return, it may be free, or there may be a charge for more difficult returns.

RNA transcription is more complex in eukaryotes because it is first made as a primary RNA transcript that contains intron and exon sequences. What kind of modification must occur to produce a mature mRNA?

Description : RNA transcription is more complex in eukaryotes because it is first made as a primary RNA transcript that contains intron and exon sequences. What kind of modification must occur to produce a mature mRNA?

Last Answer : RNA splicing. Introns must be removed and exons are spliced together to form a mature RNA transcript.

How frequent can a professional accountants have press and other media releases commemorating their anniversaries in public practice by informing the public of their achievements or accomplishments in contributing toward nation building or enhancing the image or standards of the accounting profession? a. 2 years b. 3 years c. 5 years d. 6 years

Description : How frequent can a professional accountants have press and other media releases commemorating their anniversaries in public practice by informing the public of their achievements or accomplishments in contributing toward nation building ... profession? a. 2 years b. 3 years c. 5 years d. 6 years

Last Answer : 5 years

The following are modifications made to the IFAC Code to consider Philippine regulatory requirements and circumstances, except a. The period for rotation of the lead engagement partner was changed from five to seven years. b. Advertising and solicitation by individual professional accountants in public practice were not permitted in the Philippines. c. Additional examples relating to anniversaries and websites wherein publicity is acceptable, as provided in boa resolution 19, series of 2000, were included. d. Payment and receipt of commissions were not permitted in the Philippines

Description : The following are modifications made to the IFAC Code to consider Philippine regulatory requirements and circumstances, except a. The period for rotation of the lead engagement partner was changed from ... , were included. d. Payment and receipt of commissions were not permitted in the Philippines

Last Answer : The period for rotation of the lead engagement partner was changed from five to seven years.

Could you help me understand what I did not get on a commentary by Youtube of an episode of Suits? (follows transcript if you click)

Description : Could you help me understand what I did not get on a commentary by Youtube of an episode of Suits? (follows transcript if you click)

Last Answer : Need Answer

Question about some part of the transcript of this moving YouTube video?

Description : Question about some part of the transcript of this moving YouTube video?

Last Answer : And at 3:02 did he say “that light something is scaring me”?

Question about some parts of this YouTube video transcript?

Description : Question about some parts of this YouTube video transcript?

Last Answer : Delete this – the youtube video doesn’t exist.

How do I repair my college transcript? (Or, am I just screwed?)

Description : How do I repair my college transcript? (Or, am I just screwed?)

Last Answer : answer:Many props to you for going back to school/making efforts to over come what seemingly sounded like a dark period in your life. I was told by many that there is no way I could go/get into a ... do well now and stay consistent. If you could do that much, you should have nothing to worry about.

Do I have to send another transcript since I reapplied for this community college?

Description : Do I have to send another transcript since I reapplied for this community college?

Last Answer : They need the final transcript as proof that you completed high school. You need to have it sent. You probably didn't hear about it the first time because the counselor would have taken care of it. Since ... or is it when the faculty returns to the school? Try giving them a call and go from there.

If I apply a second time to the same college, do I need to send my final high school transcript again? How do I do that?

Description : If I apply a second time to the same college, do I need to send my final high school transcript again? How do I do that?

Last Answer : answer:You must have an official transcript (from your HS ) sent to any college. But you are entitled to one also. Call the HS and ask to have transcript sent. Suggest to community college that it edit “graduating High School” to “graduating from high school.” (received).

What is a high school transcript supposed to include?

Description : What is a high school transcript supposed to include?

Last Answer : You can get a copy of your high school transcript. It won’t be “official” (you can’t then give that copy to a college) but it’ll be the exact same as their getting. Just request a copy of your transcripts and put down your address instead of the colleges.

How old do you have to be to get your high school transcript?

Description : How old do you have to be to get your high school transcript?

Last Answer : The transcript? You can get it no matter how old you are. Just call your old high school, they can probably send you a copy.

How bad is having dropped classes on your transcript?

Description : How bad is having dropped classes on your transcript?

Last Answer : It is not the end of the world. On the other hand, you should not do it frivolously or make a habit of it. Two seems livable. Just be prepared to explain them. By the time you get to the working world, no one will be eyeing your transcript that closely.

How do you get your high school transcript after you graduate?

Description : How do you get your high school transcript after you graduate?

Last Answer : I think you go to the school district and ask for it. Or ask the school you went to

Statement A : The primary transcript produced in eukaryotic is translated without undergoing any modification or processing. Statement B: The hn-RNA i

Description : Statement A : The primary transcript produced in eukaryotic is translated without undergoing any modification or processing. Statement B: The hn-RNA i

Last Answer : Statement A : The primary transcript produced in eukaryotic is translated without undergoing any ... If both assertion and reason are false.

What is the person who is responsible for your transcript is called?

Description : What is the person who is responsible for your transcript is called?

Last Answer : The registrar

Transcript Request?

Description : Transcript Request?

Last Answer : Get StartedThis letter can used to request that your high school or college transcript be sent to another high school, college or university, or other organization, such as a prospective employer. ... attended the institution.In some instances, there may be a fee involved in sending the transcript.

If the sequence of bases in DNA is ATTCGATG, then the sequence of bases in its transcript will be (a) GUAGCUUA (b) AUUCGAUG (c) CAUCGAAU (d) UAAGCUAC.

Description : If the sequence of bases in DNA is ATTCGATG, then the sequence of bases in its transcript will be (a) GUAGCUUA (b) AUUCGAUG (c) CAUCGAAU (d) UAAGCUAC.

Last Answer : (b) AUUCGAUG

If the sequence of bases in DNA is ATTCGATG, then the sequence of bases in its transcript will be (a) GUAGCUUA (b) AUUCGAUG (c) CAUCGAAU (d) UAAGCUAC.

Description : If the sequence of bases in DNA is ATTCGATG, then the sequence of bases in its transcript will be (a) GUAGCUUA (b) AUUCGAUG (c) CAUCGAAU (d) UAAGCUAC.

Last Answer : d) UAAGCUAC.

In a eukaryotic microbe, those sections of a primary RNA transcript that will NOT be translated are called a. Introns. b. Anticodons. c. ―Jumping Genes.‖ d. Exons.

Description : In a eukaryotic microbe, those sections of a primary RNA transcript that will NOT be translated are called a. Introns. b. Anticodons. c. ―Jumping Genes.‖ d. Exons.

Last Answer : a. Introns.

If the sequence of bases in DNA is TACCGACCA, then the sequence of codons on the transcript will be a) ATGGCTGGT b) ATCCGAACU c) AUGGCUGGU d) AUGGACUAA

Description : If the sequence of bases in DNA is TACCGACCA, then the sequence of codons on the transcript will be a) ATGGCTGGT b) ATCCGAACU c) AUGGCUGGU d) AUGGACUAA

Last Answer : c) AUGGCUGGU

Which of the following is most likely to be an overall response to fraud risks identified in an audit? a. Only use certified public accountants on the engagemenb. Place increased emphasis on the audit of objective transactions rather than subjective transactions. c. Supervise members of the audit team less closely and rely more upon judgment. d. Use less predictable audit procedures.t

Description : Which of the following is most likely to be an overall response to fraud risks identified in an audit? a. Only use certified public accountants on the engagement b. Place increased emphasis on the ... the audit team less closely and rely more upon judgment. d. Use less predictable audit procedures.

Last Answer : Use less predictable audit procedures.

Which of the following is most likely to be an overall response to fraud risks identified in an audit? a. Supervise members of the audit team less closely and rely more upon judgment. b. Use less predictable audit procedures. c. Use only certified public accountants on the engagement. d. Place increased emphasis on the audit of objective transactions rather than subjective transactions.

Description : Which of the following is most likely to be an overall response to fraud risks identified in an audit? a. Supervise members of the audit team less closely and rely more upon ... engagement. d. Place increased emphasis on the audit of objective transactions rather than subjective transactions.

Last Answer : Use less predictable audit procedures.

Which of the following is most likely to be an overall response to fraud risks identified in an audit? a. Supervise members of the audit team less closely and rely more upon judgment. b. Only use certified public accountants on the engagement. c. Place increased emphasis on the audit of objective transactions rather than subjective transactions. d. Use less predictable audit procedures.

Description : Which of the following is most likely to be an overall response to fraud risks identified in an audit? a. Supervise members of the audit team less closely and rely more upon ... the audit of objective transactions rather than subjective transactions. d. Use less predictable audit procedures.

Last Answer : Use less predictable audit procedures.

Hofstede found that some countries have a long-term orientation while others focus on the short term. His results mean that: A. US business would be happy to invest in nuclear power and space exploration without any government help. B. British businesses prefer investments with a quick return. C. Firms in Brazil shy away from ten-year investment projects. D. Indian business is impatient for a return on its investments.

Description : Hofstede found that some countries have a long-term orientation while others focus on the short term. His results mean that: A. US business would be happy to invest in nuclear power and space ... from ten-year investment projects. D. Indian business is impatient for a return on its investments.

Last Answer : British businesses prefer investments with a quick return.

Which of the following is most likely to be an overall response to fraud risks identified in an audit? a. Supervise members of the audit team less closely and rely more uponjudgment.b. Use less predictable auditprocedures.c. Use only certified public accountants onthe engagement.d. Place increased emphasis on the audit ofobjective transactions rather thansubjective transactions

Description : Which of the following is most likely to be an overall response to fraud risks identified in an audit? a. Supervise members of the audit team less closely and rely more upon ... the engagement. d. Place increased emphasis on the audit of objective transactions rather than subjective transactions

Last Answer : Use less predictable audit procedures.

Can I claim foreign tax credit carryovers for past years even though I didn't file taxes during those years?

Description : Can I claim foreign tax credit carryovers for past years even though I didn't file taxes during those years?

Last Answer : You’d be better off with an accountant for this question.