Lupita is a paid Tax return prepare. She failed to sign 10 tax returns which she prepared. What is the amount of the penalty with which she could be assessed?
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Lupita is a paid Tax return prepare. She failed to sign 10 tax returns which she prepared. What is the amount of the penalty with which she could be assessed?
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- Monica, a self-employed taxpayer, travels from her office in Boston to Lisbon, Portugal, on business. Her absence of 13 days was spent as follows: a. For tax purposes, how many days has Monica spent on business? b. What difference does it make? c. Could Monica have spent more time than she did vacationing on the trip without loss of existing tax benefits? Explain.Cadla has a very complex tax return and it looks like she will not be able to file her tax return by its due date. When is her tax return due? What are Cadla's options for paying her tax due and filing her tax return this year? What are the consequences if Cadla does not file or pay her tax in a timely manner? Be specificAlthough Margaret's tax return has been prepared, she is unable to pay the balance owed. She ought to?
- Cooper is a CPA and prepared several tax returns during the current tax year for compensation. In the rush to get returns filed timely, he failed to sign three of the returns that he prepared. How much is his failure to sign penalty? Question 12 options:Last summer, Casey mowed lawns to earn extra money. He was paid $250 in cash, and no deductions were made from his pay. Casey did not re files his tax return, he is required to report this income. True or False? True FalseLupita is a paid tax return preparer. In 2024, she failed to sign 10 tax returns she prepared. What is the amount of the penalty with which she could be assessed? A) $600 B) $120 C) $60 D) $30,000
- Margaret's tax return is prepared, but she does non have the money to pay the amount due. She should?Determine the amount of the late filing and late payment penalties that apply for the following taxpayers. Required: a. Jolene filed her tax return by its original due date but did not pay the $1,600 in taxes she owed with the return until one and a half months later. b. Oscar filed his tax return and paid his $2,600 tax liability five months late. c. Wilfred, attempting to evade his taxes, did not file a tax return or pay his $11,400 in taxes for several years. Complete this question by entering your answers in the tabs below. Required A Required B Required C Oscar filed his tax return and paid his $2,600 tax liability five months late. Late filing and late payment penalties $ 650Please fast answer.
- SviJolene filed her tax return by its original due date but did not pay the $2,000 in taxes she owed with the return until one and a half months later. Her late filing and late payment penalty would be?Determine the amount of the late filing and late payment penalties that apply for the following taxpayers. Required: a. Jolene filed her tax return by its original due date but did not pay the $2,000 in taxes she owed with the return until one and a half months later. b. Oscar filed his tax return and paid his $3,000 tax liability five months late. c. Wilfred, attempting to evade his taxes, did not file a tax return or pay his $10,000 in taxes for several years. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C Wilfred, attempting to evade his taxes, did not file a tax return or pay his $10,000 in taxes for several years. Late filing and late payment penalties $ 7,500SEE MORE QUESTIONS
