A California tax return preparer has been found liable for a 75% fraud penalty in failing to report his personal income correctly on his personal income tax return. The preparer had purchased a “corporation sole” kit for $2295 from a vendor who was subsequently enjoined from selling the program. A corporation sole is a device often utilized by religious organizations under which the local head of the church is the sole director and officer of the corporation by virtue of his or her position and controls the property of the corporation. Because it is used by religious bodies that are not required to file for recognition of charitable tax exemption, it was being marketed as a means to evade...