Joey is concerned the IRS may allege that he was negligent in his return preparation for 2019.
Fantastic news! We've Found the answer you've been seeking!
Question:
Joey is concerned the IRS may allege that he was negligent in his return preparation for 2019. He owed $5,000 when he filed his tax return. He filed the return 3 months late. What is the potential negligence penalty?
Related Book For
Business Law and the Legal Environment
ISBN: 978-1133587491
5th edition
Authors: Jeffrey F. Beatty, Susan S. Samuelson
Posted Date: