Preparer Rules: IRC §6694, §6695 and AICPA SSTSs

Free CPA REG (Taxation & Regulation) lesson in Ethics, Professional Responsibilities and Federal Tax Procedures. 16 min read, ~2,455 words.

A "tax return preparer" is anyone who prepares all or a substantial portion of a return for compensation, signing or non-signing. §6694(a) unreasonable position: the greater of \$1,000 or 50% of fee income from the position. §6694(b) willful or reckless conduct: the greater of \$5,000 or 75% of fee income...