Substantial Understatement Penalties and Supervisory Approval: Big Changes Coming?

Kathryn Morgan has 26 years in Law Enforcement (13 in the Air Force and 13 at the Bossier City PD), 20 years doing income taxes professionally. Freelance writing of technical manuals and articles. Teaching all levels of basic tax preparation and upper level continuing education classes in the income tax profession. Representation of clients at all levels of audit from the IRS, all states and in front of the United States Tax Court.
My goals now are to spend many years being my 4 grandchildren's MeeMaw, taking the absolute best care of my clients as possible, and continually learning new things.