Question: Rosie is researching Internal Revenue Code Section 6694, which imposes penalties on tax preparers. Who is not considered a practitioner subject to a penalty for
Rosie is researching Internal Revenue Code Section 6694, which imposes penalties on tax preparers. Who is not considered a practitioner subject to a penalty for the understatement of liabilities?
a) Nonsigning tax preparers who receive compensation
b) Practitioners who prepare returns for exempt organizations
c) Signing tax preparers
d) Internal Revenue Service employees
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