Find the Code section that explains the amount of the penalty for failure to include reportable transaction

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Find the Code section that explains the amount of the penalty for failure to include reportable transaction information with the return. How much is that penalty?

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Accounting and auditing research tools and strategies

ISBN: 978-1118027073

8th edition

Authors: Thomas Weirich, Thomas Pearson, Natalie Tatiana

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Question Posted: Oct 04, 2014 04:29 AM

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Find the Code section that explains the amount of the penalty for failure to include reportable transaction

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Section 6707b1 provides a 50000 penalty for failure to furnish info...View the full answer

Accounting and auditing research tools and strategies

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