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1.) Which of the following statements regarding the assessment of penalties is correct? A.) Section 6651 provides for penalties for both late filing and late
1.) Which of the following statements regarding the assessment of penalties is correct? A.) Section 6651 provides for penalties for both late filing and late payment. B) Penalties apply to the willful attempt to evade payment of estate and GST tax. C.) A late-filing penalty will not be imposed if the taxpayer can show that the failure to file a timely return is due to reasonable cause. D.) All of the above statements are correct.
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