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After Bill and Mercedes tax return was selected for audit, Bill read on the Internet speculation that filing a paper tax return ( instead of

After Bill and Mercedes tax return was selected for audit, Bill read on the Internet speculation that filing a paper tax return (instead of filing electronically) and extending a tax return deadline decrease the chance of IRS audit. Bill has convinced Mercedes that they need to use these strategies in the future and look for other ways to avoid audit. Questions for discussion include:
1. What are the timing requirements for filing a tax return and paying taxes owed?
2. Does Bills action likely violate any IRS regulation?
3. If Bills action does not violate IRS rules, it is ethical?After Bill and Mercedes tax return was selected for audit, Bill read on the Internet speculation that filing a paper tax return (instead of filing electronically) and extending a tax return deadline decrease the chance of IRS audit. Bill has convinced Mercedes that they need to use these strategies in the future and look for other ways to avoid audit. Questions for discussion include:
1. What are the timing requirements for filing a tax return and paying taxes owed?
2. Does Bills action likely violate any IRS regulation?
3. If Bills action does not violate IRS rules, it is ethical?After Bill and Mercedes tax return was selected for audit, Bill read on the Internet speculation that filing a paper tax return (instead of filing electronically) and extending a tax return deadline decrease the chance of IRS audit. Bill has convinced Mercedes that they need to use these strategies in the future and look for other ways to avoid audit. Questions for discussion include:
1. What are the timing requirements for filing a tax return and paying taxes owed?
2. Does Bills action likely violate any IRS regulation?
3. If Bills action does not violate IRS rules, it is ethical?

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