Top Posters
Since Sunday
w
3
w
3
e
3
3
r
3
g
2
2
b
2
M
2
V
2
f
2
c
2
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
Mandarini Mandarini
wrote...
Go to Answer
Posts: 1250
Rep: 0 0
7 years ago
A taxpayer's return is audited and additional taxes are assessed. The IRS also asserts that a negligence penalty should be assessed. The taxpayer concurs with the additional $15,000 tax liability; $7,000 of this amount is attributable to negligence. What is the amount of the penalty for negligence?
A) $700
B) $1,400
C) $5,600
D) $1,750
Textbook 
Prentice Hall's Federal Taxation 2014 Corporations, Partnerships, Estates & Trusts

Prentice Hall's Federal Taxation 2014 Corporations, Partnerships, Estates & Trusts


Edition: 27th
Authors:
Read 101 times
2 Replies
Replies
Answer verified by a subject expert
genflynngenflynn
wrote...
#1
Top Poster
Posts: 517
Rep: 13 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1
We have the most crude accounting tools. It's tragic because our accounts and our national arithmetic doesn't tell us the things that we need to know.

Related Topics

Mandarini Author
wrote...
#2
7 years ago
Thank you!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  405 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 301
  
 4519
  
 391
Your Opinion
Who will win the 2024 president election?
Votes: 119
Closes: November 4
Previous poll results: How often do you eat-out per week?