CAA Authorization and Certification Requirements Flashcards
6 cards from real CAA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 CAA Authorization and Certification Requirements flashcards as text
What are the consequences for a CAA who assists a client in obtaining an ITIN through misrepresentation?
Answer: Termination of CAA authorization and potential civil or criminal penalties
CAAs who participate in obtaining ITINs through misrepresentation face termination of their authorization and potential civil or criminal penalties under IRS regulations.
Which IRS publication is the primary reference document describing the ITIN program for both CAAs and applicants?
Answer: Publication 1915
IRS Publication 1915, 'Understanding Your IRS Individual Taxpayer Identification Number,' is the primary reference for understanding the ITIN program, eligibility, and CAA procedures.
When must a CAA submit a new Form 13551 to maintain uninterrupted Certified Acceptance Agent authorization?
Answer: Before the current 3-year agreement expires
CAAs must submit a new Form 13551 before their current three-year agreement expires to avoid any lapse in their IRS authorization.
What additional document requirement applies when a CAA assists with an ITIN application for a dependent child?
Answer: The CAA must verify the child's age and foreign status through a passport or birth certificate plus visa documentation
For dependent applicants, CAAs must verify both age and foreign status, typically requiring a passport or the combination of a birth certificate and visa documentation.
What information must a CAA's Certificate of Accuracy include?
Answer: The CAA's signature, their ITIN or EIN, and certification that original documents were personally reviewed
The Certificate of Accuracy must include the CAA's signature, their identifying number (ITIN or EIN), and a statement certifying that they personally reviewed the original identity documents.
Which action by a CAA would most likely result in immediate termination of their IRS authorization?
Answer: Certifying identity documents without actually reviewing the originals
Certifying documents without personally reviewing the originals is a fundamental violation of CAA program requirements and constitutes fraud, making it the most serious terminable offense.