What is a tax preparer's correct response to a client after learning that the client has omitted items on their previously-filed income tax return? advise the client promptly of the fact of such omission and:
refuse to prepare the return until their prior-year return is audited.
make an adjustment elsewhere on the current year's return.
advise them of the consequences as provided under the internal revenue code and preparer regulations.
refer the client to the district general manager.