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Freddie Pas been assessed a preparer penalty for willful and reckless conduct. When he completed Pays Federal Income tax return he purposely omitted $100,000 of
Freddie Pas been assessed a preparer penalty for willful and reckless conduct. When he completed Pays Federal Income tax return he purposely omitted $100,000 of cash receipts that should have been reported a press income.Freddie charged Peggy $4,000 to prepare the return. What is Freddie's preparer penalty
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