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For the 2 0 2 3 tax year, Travis, who is a paid tax preparer. deliberately reduced a client's tax liability. Despite Travis being viewed
For the tax year, Travis, who is a paid tax preparer. deliberately reduced a client's tax liability. Despite Travis being viewed as a "good tax preparer" by his clients, this action could have serious consequences. As a result of his willful or reckless conduct, Travis may be subject to a penalty for understanding the taxpayer's tax liability. What is the penalty that the paid preparer will face in this situation?
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