Assessable penalties typically are expressed as a flat dollar amount and are usually imposed on third parties, such as tax return preparers.

Name: Assessable penalties typically are expressed as a flat dollar amount and are usually imposed on third parties, such as tax return preparers.
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Assessable penalties are often expressed as flat dollar amounts and can be imposed on third parties, including tax return preparers, for infractions such as failing to comply with tax filing requirements.

Assessable Penalties Typically Are Expressed as a Flat Dollar Amount