REG Chapter 6 Part 3 Discharge, Breach and Remedies
Explain the different ways in which a contract can be discharged
Explain the different ways in which a contract can be discharged
What is performance?
Chapter 6 of REG is all about contracts – formation, performance, discharge, breach, and remedies. For today’s lesson we willContinue Reading
Explain the various duties and liabilities of agents and principals
Recall the types of agent authority
As a general rule: accountant-client privilege is nonexistent
Summarize the tax return preparer’s common law duties and liabilities to clients and third parties.
Recall the appropriate hierarchy of authority for federal tax purposes
Make sure to avoid these costly penalties!
To disclose or not to disclose? That is the question.