Question
Hernandez, Inc. a calendar year C corporation taxpayer, files the 2022 return on April 15, 2023. The return reflects an over-withholding of $2,500. If the
Hernandez, Inc. a calendar year C corporation taxpayer, files the 2022 return on April 15, 2023. The return reflects an over-withholding of $2,500. If the IRS pays the refund May 20 it must pay interest to Hernandez of:
a. $0
b. $50
c. $75.
d. $100.
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Auditing The Art and Science of Assurance Engagements
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Joanne C. Jones
14th Canadian edition
134613112, 134835018, 9780134885254 , 978-0134613116
