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Peter's Pawnshop was recently audited, which disclosed a second set of books. A substantial sales tax understatement was determined for the audit period. Peter did
Peter's Pawnshop was recently audited, which disclosed a second set of books. A substantial sales tax understatement was determined for the audit period. Peter did not file his final return for the 2Q-2022. What penalties would apply?
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Answer The penalties for failure to file a tax return and failure to pay taxes owed vary depending on the circumstances and the tax authority involved ...
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Auditing a risk based approach to conducting a quality audit
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
9th edition
9781133939160, 1133939155, 1133939163, 978-1133939153
