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1) The downside of tax avoidance includes the potential of stiff monetary penalties and imprisonment. T/F 2) If April 15 th falls on a Saturday,

1) The downside of tax avoidance includes the potential of stiff monetary penalties and imprisonment. T/F 2) If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th. T/F 3) Closed facts are especially conducive to tax planning. T/F

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