Final answer:
The statement is true; the colonists objected to taxation without representation, wanting a say in the tax laws and the use of their tax money.
Step-by-step explanation:
The statement that the colonists did not necessarily object to the principle of taxation, but rather how the tax money would be applied is true.
During the period leading up to the American Revolution, colonists were particularly upset with the British government for imposing taxes on them without their consent, as they had no representatives in the distant British Parliament. Thus, the phrase 'no taxation without representation' became a rallying cry.
The colonists' main contention was not the act of being taxed, but that they had no voice in deciding the tax laws and how their tax money would be used.
To meet one of the due diligence requirements of a paid tax preparer, simply asking more questions may not be enough. While asking questions is an important part of the tax preparation process, it is not the only requirement.
Tax preparers must also gather and review relevant documentation, perform necessary calculations, and stay up-to-date with tax laws and regulations.
These additional steps ensure that the tax return is accurately prepared and compliant with the law.