Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“A paid return preparer, or the preparer’s employees, must pay a $500 penalty for each return or refund claim if part of an understatement of tax liability comes from a willful attempt to understate the tax.”
Use this record to locate individual provisions, understand the instrument’s recorded structure, and move from a research summary to the exact source text.
02
How the instrument operates
- 01
Start with the recorded version
Enacted 1987 · Source version 1 Oct 2025. The date shown identifies this source expression and should not be treated as proof that no later change exists.
- 02
Locate the controlling provision
Use the provision map, part headings and full-text filter to move from the broad subject to the exact legal language.
- 03
Read conditions and exceptions together
Keep subsections, definitions, provisos and cross-references in context before drawing a legal conclusion.
- 04
Verify currency and official wording
Confirm later legislation, commencement notices and corrections with the official publisher before advice, filing or reliance.
03
Research entry points
Selected provisions across the instrument. Open any row to continue with the exact stored text.
A paid return preparer, or the preparer’s employees, must pay a $500 penalty for each return or refund claim if part of an understatement of tax liability comes from a willful attempt to understate the tax.
Section 187-A
04
Source and current-law status
Source record view
Source record from legislature.maine.gov · Enacted 1987 · Source version 1 Oct 2025
The source record does not state a definitive current-law status. Check the official publisher and later amendments before relying on this text.