A tax return preparer (TRP) is:
A) a CPA as required by the IRS
B) not subject toany kind of penalty as he/she prepares returns on behalf of taxpayers
C) any person whoprepares tax returns gratuitously
D) any person whoprepares tax returns for compensation
Correct Answer:
Verified
Q2: An individual whois convicted of willfully aiding
Q3: The number of days the IRS is
Q4: For purposes of calculating the interest rate
Q5: Interest imposed by the IRS is compounded:
A)annually
B)quarterly
C)daily
D)monthly
Q6: When the accuracy-related penalty applies, interest on
Q8: Which of the following would lead toimposition
Q9: Toavoid the penalty, the _ must meet
Q10: Penalties that are based on a percentage
Q11: For § 6502, requests for equitable relief
Q12: The civil fraud penalty is:
A)5%
B)20%
C)25%
D)75%
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