A CPA can accept a contingent fee in providing tax services for an attest client if:

a. The CPA discloses this fact to the tax client

b. The CPA receives the permission of the client to accept such a form of payment

c. The CPA's tax services will be reviewed by a taxing authority

d. All of the above

Question

Business

Koen Rivers

23 July, 03:39

A CPA can accept a contingent fee in providing tax services for an attest client if:

a. The CPA discloses this fact to the tax client

b. The CPA receives the permission of the client to accept such a form of payment

c. The CPA's tax services will be reviewed by a taxing authority

d. All of the above

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Answers (1)

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Hanson · Answer 1

c. The CPA's tax services will be reviewed by a taxing authority.

Explanation:

The requirement of the commissions and contingent fees rule is that, the CPA is prohibited from accepting such a form of payment when engaged in attest services for a client.

Therefore, The CPA's tax services will be reviewed by a taxing authority.

A CPA can accept a contingent fee in providing tax services for an attest client if:a. The CPA discloses this fact to the tax clientb. The CPA receives the permission of the client to accept such a form of paymentc. The CPA's tax services will be reviewed by a taxing authorityd. All of the above