The IRS assesses special penalties when a taxpayer misreports the value of property that was the subject

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The IRS assesses special penalties when a taxpayer misreports the value of property that was the subject of a deduction or that was subject to a gift/estate tax. How are these penalties computed? Include the term gross misstatement in your answer.
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South Western Federal Taxation 2015

ISBN: 9781305310810

38th Edition

Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young

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