Which of the following is subject to tax return preparer penalties?
A) Lizzie, the firm's administrative assistant, makes copies of returns and assembles the mailings that the client must make to the taxing agencies.
B) Meredith is the director of Federal taxes for a C corporation.
C) Sammy is a volunteer who prepares returns at the retirement home under the IRS Tax Counseling for the Elderly program.
D) Abbie prepares her mother's tax returns for $50 a year.A CPA, Abbie would charge a client $750 for completing a similar return.
Correct Answer:
Verified
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