because the preparation of a tax return is covered by privilege you need not turn ov 612844

Because the preparation of a tax return is covered by privilege, you need not turn over records to the IRS related to return preparation to the IRS. True or false?

True. Incorrect. The preparation of a tax return is not covered by privilege.

False. Correct. As a tax return preparer you do not create privilege by completing a tax return. Privilege may be created in some cases by attorneys and CPAs that complete returns. You must promptly submit records to the IRS if the request is proper and there is no reasonable basis to believe the records are privileged.