Section 13-717 - Penalty for violation of § 10-824 of this article.

§ 13-717. Penalty for violation of § 10-824 of this article.
 

(a)  Penalty.- An income tax return preparer who is subject to § 10-824 of this article and who fails to file a return as required in § 10-824 of this article shall pay a penalty of $50 for that failure, unless it is shown that the failure is due to reasonable cause and is not due to willful neglect. 

(b)  Limit.- The total amount of the penalties assessed under subsection (a) of this section may not exceed $500 for all returns filed by an income tax return preparer for any taxable year. 
 

[2009, ch. 422.]