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1 Which situations would likely create an IRC 6 6 9 4 penalty for a tax return preparer? a . A tax position that has
Which situations would likely create an IRC penalty for a tax return preparer?
a A tax position that has reasonable basis when there is no disclosure.
b A position with MLTN level of confidence
c An adequately disclosed position with reasonable basis.
d A position where the tax return preparer relied on advice from a reputable advisor and also performed hisher own due diligenc
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