A person comes in to your tax preparation office because he received a notice from the IRS regarding his tax return and it indicates that his 2022 tax return is under audit, which you prepared. The item specifically under audit is Schedule C. One of the things the IRS is requesting is records supporting meals expenses. You check your files and verify that the amounts that you included in the return is 50% of the amount that was identified in the person's income statement so there weren't any entry errors. The person indicated that all expenses were business related as part of the checklist that was completed prior to you completing the return so you were correct in including it. You let the person know that they should gather their substantiation documentation for the meal expenses claimed. Your client says the meals were not business related, but that he can create some receipts and have some friends vouch that they were business related. What will be your response to the client? What types of penalties might he face, if any