What is the most common reason the irs assesses penalties

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Reference no: EM132744408

Problem 1: What is the most common reason the IRS assesses penalties to preparers during an audit?

Choose one answer.

a. Failure to obtain full documentation of Schedule C income

b. Failure to obtain full documentation of both Schedule C income and Schedule C expense

c. Failure to adequately question the client and document the responses

d. Failure to prove business existence

Reference no: EM132744408

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