taxes

Acc3320

Partnerships can request up to a six-month extension by filing IRS Form 7004 prior to the original due date of the partnership return True or False True False The sales and use tax base varies from state to state. True or False True False The sales and use tax base varies from state to state. True or False True False Only complete gifts are subject to the federal gift tax. True or False True False The primary purpose of state and local taxes is to raise revenue to finance state and local government True or False True False Failure by a seller to collect and remit sales taxes often results in a larger tax liability than failure to pay income taxes. True or False Failure by a seller to collect and remit sales taxes often results in a larger tax liability than failure to pay income taxes. True or False