3. In terms of probability, which of the following taxpayers would be least likely to be audited by the IRS? a. Taxpayer owns and operates a check-cashing service. b. Taxpayer is an employed electrician. c. Taxpayer just received a $3 million personal injury award as a result of a lawsuit d. Taxpayer just won a $1 million slot machine jackpot at a Las Vegas casino 4. David files his tax return 45 days after the due date. Along with the return, David remits a check for $40,000, which is the balance of the tax owed. Disregarding the interest element, David's total failure to file and to pay penalties are: a. $400. b. $3,600. c. $4,000 d. $4,400. 5. Which of the following taxes is paid only by the employer? a. FICA b. FUTA c. Social Security tax d. Medicare tax 6. Tax bills are handled by which committee in the U.S. House of Representatives? a. Taxation Committee b. Ways and Means Committee c. Finance Committee d. Budget Committee