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Yin-Li is the preparer of the Form 1120 for Cloves Corporation. On the return, Cloves claimed a deduction that the IRS later disallowed on audit. Compute the tax preparer penalty that could be assessed against Yin-Li in each of the following independent situations.
Inconsistency
The quality of being inconsistent; not staying the same throughout.
Belief
An acceptance that something exists or is true, especially without proof, or the mental acceptance of and conviction in the truth, actuality, or validity of something.
Hindrance
An obstacle or barrier that prevents progress or makes it difficult to achieve a desider goal.
Stressor
Any event, situation, or stimulus that causes stress or strain, challenging an individual's ability to cope.
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