LZ Corporation uses a fiscal year ending September 30. The controller filed LZs Form 1120 for the

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LZ Corporation uses a fiscal year ending September 30. The controller filed LZ’s Form 1120 for the year ending September 30, 2023, on October 23, 2023.

a. What is the last day on which the IRS may assess additional tax for this fiscal year?

b. How would your answer change if LZ’s return was timely filed on its extended due date of July 15, 2024?

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Principles Of Taxation For Business And Investment Planning 2024

ISBN: 9781266838750

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Authors: Sally Jones, Shelley Rhoades-Catanach, Sandra Callaghan, Thomas Kubick

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Question Posted: Aug 19, 2023 12:57 AM

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LZ Corporation uses a fiscal year ending September 30. The controller filed LZs Form 1120 for the

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a January 15 2027 Three year...View the full answer

Principles Of Taxation For Business And Investment Planning 2024

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