Question: Which statement is correct regarding IRC Section 6694 preparer penalty provisions? O A penalty would never lead to an investigation by the IRS Office of

Which statement is correct regarding IRC Section 6694 preparer penalty provisions?
O A penalty would never lead to an investigation by the IRS Office of Professional Responsibility (OPR).
O Penalties can be assessed on a practitioner when a disclosed tax position does not have a reasonable basis.
O Penalties apply to the practitioner and the taxpayer that underpaid the income taxes.
O A penalty can range from $50 to $200 if misconduct is found

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