When taxes are filed or paid improperly, both taxpayers and tax preparers are at risk of facing penalties. Address the following in your discussion post:

• Compare and contrast the penalties assessable to taxpayers compared with the penalties for tax preparers.
• Create a unique scenario in which a penalty may be assessed, describe who should receive the penalty (the taxpayer or the tax preparer), and explain why.

Answer rating: 100% (QA)

Compare and contrast the penalties assessable to taxpayers compared with the penalties for tax preparers The penalties for taxpayers who file or pay t... View the full answer