Joey is concerned the IRS may allege that he was negligent in his return preparation for 2019.

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Joey is concerned the IRS may allege that he was negligent in his return preparation for 2019. He owed $5,000 when he filed his tax return. He filed the return 3 months late. What is the potential negligence penalty?

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Business Law and the Legal Environment

ISBN: 978-1133587491

5th edition

Authors: Jeffrey F. Beatty, Susan S. Samuelson

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Posted Date: Jun 22, 2020 01:44 AM

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Joey is concerned the IRS may allege that he was negligent in his return preparation for 2019.

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The IRS is called an internal revenue service a federal agency responsible for tax collection espec... View the full answer

Business Law and the Legal Environment

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