Treasury Regulations (26 C.F.R.)
26 CFR § 28.6694-2
Penalties for understatement due to an unreasonable position.
Official textecfr.govlast amended
# (a) In general.
A person who is a tax return preparer of any return or claim for refund of any section 2801 tax is subject to penalties under section 6694(a) of the Code in the manner stated in § 1.6694-2 of this chapter.
# (b) Applicability date.
This section applies to returns and claims for refund filed, and advice provided, on or after January 14, 2025.
Source: view the official text
In this part (25 sections)
- 28.2801-0 · Table of contents.
- 28.2801-1 · Tax on certain gifts and bequests from covered expatriates.
- 28.2801-2 · Definitions.
- 28.2801-3 · Rules and exceptions applicable to covered gifts and…
- 28.2801-4 · Liability for and payment of tax on covered gifts and…
- 28.2801-5 · Foreign trusts.
- 28.2801-6 · Special rules and cross-references.
- 28.2801-7 · Determining responsibility under section 2801.
- 28.6001-1 · Records required to be kept.
- 28.6011-1 · Returns.
- 28.6060-1 · Reporting requirements for tax return preparers.
- 28.6071-1 · Time for filing returns.
- 28.6081-1 · Extension of time for filing returns reporting gifts and…
- 28.6091-1 · Place for filing returns.
- 28.6101-1 · Period covered by returns.
- 28.6107-1 · Tax return preparer must furnish copy of return or claim…
- 28.6109-1 · Tax return preparers furnishing identifying numbers for…
- 28.6151-1 · Time and place for paying tax shown on returns.
- 28.6694-1 · Section 6694 penalties applicable to return preparer.
- 28.6694-2 · Penalties for understatement due to an unreasonable…
- 28.6694-3 · Penalty for understatement due to willful, reckless, or…
- 28.6694-4 · Extension of period of collection when tax return preparer…
- 28.6695-1 · Other assessable penalties with respect to the preparation…
- 28.6696-1 · Claims for credit or refund by tax return preparers and…
- 28.7701-1 · Tax return preparer.