IRS Notice: Comment Request on Penalty on Tax Return Preparers Who Understate Taxpayer’s Liability, Claim for Refund (IRC §6694)

Comments requested on the penalty on income tax return preparers who understate taxpayer’s liability on a federal income tax return or claim for refund, the IRS announced June 2. Comments are due Aug. 4, 2023. [IRS Comment Request, 88 Fed. Reg. __ (June 5, 2023)]