Describe one penalty that an individual taxpayer

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Problem 1: Provide one specific example of guidance that should be considered by a tax professional and enforced in a tax practice. Remember to consider the responsibility of the individual taxpayer as well.

Problem 2: Describe one penalty, standard, or ethical concern that an individual taxpayer or a tax professional should be aware of that you did not know previously. Remember to provide an example.

Reference no: EM132617813

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