Question
This has to do with the Individual Income Taxes 2017 edition. Several years ago Ethan purchased the former parsonage of St. James Church to use
This has to do with the Individual Income Taxes 2017 edition.
Several years ago Ethan purchased the former parsonage of St. James Church to use as a personal residence. To date, Ethan has not received any ad valorem property tax bills from either the city or the county tax authorities.
What is a reasonable explanation for this oversight?
What should Ethan do?
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
13th edition
978-1-119-4110, 1119411483, 9781119411017, 978-1119411482
