A tax office running an EIC maximization hustle is deliberately understating multiple clients' incomes via...

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Accounting

A tax office running an EIC maximization hustle is deliberately understating multiple clients' incomes via fraudulent Schedule C deductions. Three hundred (300) clients are pulled by the IRS during their review and the office is found to be engaging in Section 6694(b) violations on all of them. The average price that they collect across all returns is $600. What is the maximum penalty under Section 6694(b) that can be charged for this number of violations? (Do not consider any penalties other than Section 6694(b) nor any interest.)
Select one:
a. $1,500,000
b. $90,000
c. $300,000
d. $135,000

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