Question

Identify which of the following statements is true. A) Tax planning is an integral part of both closed-fact situations and open-fact situations. B) The Statements on Standards for Tax Services recommend that only written tax advice be provided to the client in all situations. C) The first step in conducting tax research is to clearly understand the issues involved. D) All of the above are false.

Answer 1

The Statements on Standards for Tax Services recommend that only written tax advice be provided to

the client in all situations.