question archive under the Idaho State Tax Commission Power of Attorney and the IRS Power of Attorney and Declaration of Representative Form 2848, the scope of the designated agent's authority is Specific because the agent has authority to perform specified acts only

under the Idaho State Tax Commission Power of Attorney and the IRS Power of Attorney and Declaration of Representative Form 2848, the scope of the designated agent's authority is Specific because the agent has authority to perform specified acts only

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under the Idaho State Tax Commission Power of Attorney and the IRS Power of Attorney and Declaration of Representative Form 2848, the scope of the designated agent's authority is Specific because the agent has authority to perform specified acts only. General, because the agent has the authority to transact all business for the principal. Special, because the agent has authority to perform specified acts only. o Ordinary, because the agent's ordinary business is representing individuals in matters concerning state and federal taxes.
How is an agent's authority terminated under the Idaho State Tax Commission Power of Attorney and the IRS Power of Attorney and Declaration of Representative Form 2848? When the principal submits a copy of the previously executed Power of Attorney ("POA") with "REVOKE" written across the top of the form. By submitting a new POA and checking the appropriate box on the POA form to establish intent for the previously filed POA(s). By providing a cease or termination date on the POA. All of the above.
Under the Idaho Statutory Form Power of Attorney, an agent will be liable for acts undertaken beyond the scope of authority granted. True False
The agent designated in the IRS Power of Attorney and Declaration of Representative Form 2848 must declare, under penalties of perjury, O whether they are an attorney, Certified Public Accountant, accounting student working in a Low Income Taxpayer Clinic or the Student Tax Clinic Program under section 10.7(d) of Circular 230, family member, etc. whether they are currently suspended or disbarred from practice, or ineligible for practice, before the Internal Revenue Service All of the above. None of the above.
The Idaho Statutory Power of Attorney Form is a durable power of attorney because it continues to be effective despite the principal's incapacity. a durable power of attorney because it is in writing. a durable power of attorney because it meets all the legal/statutory requirements. All of the above.
What type of authority is given to the agent in these power of attorney forms? Express authority because of the Equal Dignity Rule. Express authority because it is stated in clear and definite terms. Implied authority because it is implicit that the agent has all the powers necessary to carry out the principal's directives. Apparent authority because it is apparent from the writing that the agent has authority from the principal.

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