When there is fraud on a return, the IRS charges a penalty of ________ on any portion
Question:
When there is fraud on a return, the IRS charges a penalty of ________ on any portion of understatement of tax that is attributable to the fraud.
a. 20%.
b. 25%.
c. 75%.
d. 100%.
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Related Book For
Fundamentals Of Taxation 2018
ISBN: 9781259713736
11th Edition
Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler
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