As an unenrolled tax preparerDaryl is subject to A limited r

As an unenrolled tax preparer,Daryl is subject to A) limited regulations that apply to tax preparation B) the regulations in circular 230 in their entirety C) regulations that apply to both his own tax return and tax return preparation D) regulations under Title 26 of the US Code when they overlap with circular 230

Solution

Answer: the regulations in circular 230

Previously the unenrolled tax preparer was not subject to any laws. Therefore it has now included the unenrolled tax preparer who are now subject to circular 230

Unenrolled tax preparer is required to write a competence exam and get preparer tax identification number (PTIN)