Ned Naive operated several franchised stores, and at the home office’s suggestion he consolidated the stores’ payroll and accounting functions with Andy the Accountant. Andy is not a CPA. Last year, Andy began embezzling taxpayer’s escrowed tax withholdings and failed to remit required amounts for the four quarters. The IRS assessed Ned $ 10,000 in penalties for failing to make the proper withholding deposits during the year. After appropriate research, prepare (in good form) a research memorandum to the file. Then write a letter to Ned explaining your findings. His address is 4567 Brainless Street, Phoenix, AZ 91234.
Answer to relevant QuestionsPhred Phortunate won his state lotto two years ago. His lotto ticket was worth $ 10 million, which was payable in 20 annual installments of $ 500,000 each. Phred paid $ 1 for the winning ticket. The lotto in Phred’s state ...The U. S. Tax Court is a national court that hears cases of taxpayers who may appeal to various geographical courts of appeals. How does the Tax Court reconcile the opposite holdings of two or more of these courts of appeals ...Is a federal district court a national court? How many judges hear a case brought before a federal district court? Name the three court case reporters that publish court of appeals decisions. Illustrate the elements of a citation that might be found in each reporter. Explain what each part of the citation means. By using only the citation, state which court issued each of the following decisions. If you cannot determine which court by looking at the citation only, say so. a. Davis v. U. S., 43 Fed. Cl. 92 (1999) b. D. C. Crummey ...
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