Peter, a tax return preparer, was found to have taken an unreasonable position with respect to a
Fantastic news! We've Found the answer you've been seeking!
Question:
Peter, a tax return preparer, was found to have taken an unreasonable position with respect to a client's prepared tax return that understated the taxpayer's tax liability, and the preparer should have known it was unreasonable. If the preparer's conduct was considered willful or reckless, for what minimum penalty, if any, would he be liable?
Related Book For
Ethics in Accounting A Decision Making Approach
ISBN: 978-1118928332
1st edition
Authors: Gordon Klein
Posted Date: