Your client, Teresa, claimed a deduction that the IRS agent disallowed upon audit. Teresa received a 30-day

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Your client, Teresa, claimed a deduction that the IRS agent disallowed upon audit. Teresa received a 30-day letter notifying her of the proposed additional tax liability of $1,050. Teresa is very upset by this assessment and tells you that she refuses to pay “another dime” and she wants to take this “all the way to the Supreme Court, if necessary.” What advice should you give Teresa?

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Related Book For  answer-question

Taxation For Decision Makers 2019

ISBN: 9781119497288

9th Edition

Authors: Shirley Dennis Escoffier, Karen A. Fortin

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