100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
Test Bank for South-Western Federal Taxation 2025: Comprehensive, 48th Edition by (Young/Persellin) ISBN: 9780357988817, All 30 Chapters Covered, Verified Latest Edition£12.90
Add to cart
Test Bank for South-Western Federal Taxation 2025: Comprehensive, 48th Edition by (Young/Persellin) ISBN: 9780357988817, All 30 Chapters Covered, Verified Latest Edition
15 views 1 purchase
Module
South-Western Federal Taxation 2025 Comprehensive
Institution
South-Western Federal Taxation 2025 Comprehensive
Book
South-Western Federal Taxation 2023
Test Bank for South-Western Federal Taxation 2025: Comprehensive, 48th Edition by (Young/Persellin) ISBN: 978, All 30 Chapters Covered, Verified Latest Edition Test Bank for South-Western Federal Taxation 2025: Comprehensive, 48th Edition by (Young/Persellin) ISBN: 978, All 30 Chapters Covered, Ver...
Test Bank for South-Western Federal Taxation 2025: Comprehensive, 48th Edition by (Young/Persellin) ISBN: 9780357988817, All 30 Chapters Covered, Verified Latest Edition
TEST BANK for South-Western Federal Taxation 2023: Individual Income Taxes 46th Edition by James Young, Annette Nellen, William Raabe, Mark Persellin, Sharon Lassar & Andrew D. Cuccia. A+
TEST BANK for South-Western Federal Taxation 2023: Individual Income Taxes 46th Edition by James Young, Annette Nellen, William Raabe, Mark Persellin, Sharon Lassar & Andrew D. Cuccia. ISBN-13 978-035...
All for this textbook (8)
Written for
South-Western Federal Taxation 2025 Comprehensive
South-Western Federal Taxation 2025 Comprehensive
Seller
Follow
smartdove
Reviews received
Content preview
TEST BANK
South-Western Federal Taxation 2025: Comprehensive,
48th Edition by Young Complete 30 Chapters
Indicateh whetherh theh statementh ish trueh orh false.
h 1.hIfhmorehIRShauditsharehproducinghahhigherhnumberhofhnoh changehresults,hthishindicateshincreasedhcompliancehonhtheh
parthofhtaxpayers.
True
False
h 2.hThehfirsthincomehtaxhonhindividualsh(afterhthehratificationhofhthehSixteenthhAmendmenthtohthehConstitution)hleviedhtaxhr
ateshfromhahlowhofh1%htohahhighhofh6%.
True
False
h 3.hStealthhtaxeshhavehtheheffecthofhgeneratinghadditionalhtaxeshfromhallhtaxpayers.
True
False
h 4.hIfhfraudhishinvolved,htherehishnohtimehlimithonhthehassessmenthofhahdeficiencyhbyhthehIRS.
True
False
h 5.hUnderhstatehamnestyhprograms,hallhdelinquenthandhunpaidhincomehtaxesharehforgiven.
True
False
h 7.hThehIRShishrequiredhtohredeterminehthehinteresthratehonhunderpaymentshandhoverpaymentshoncehahyear.
True
False
h 8.hThehFederalhincomehtaxhonhindividualshgenerateshmorehrevenuehthanhthehFederalhincomehtaxhonhcorporations.
True
False
h 9.hTohmitigatehtheheffecthofhthehannualhaccountinghperiodhconcept,hthehtaxhlawhpermitshthehcarryforwardhofhexcesshc
haritablehcontributionshofhahparticularhyearhtohotherhyears.
True
False
h 10.hUnlikehFICA,hFUTAhrequireshthathemployershcomplyhwithhstatehashwellhashFederalhrules.
True
False
Pageh3
, Name: Class: Date:
Chapterh 01h 2025h -h Comprehensive
h 11.hIfhahspecialhagenthbecomeshinvolvedhinhthehaudithofhahreturn,hthishindicateshthaththehIRShsuspectshthathfraudhishinv
olved.
True
False
h 12.hTwohpersonshwhohlivehinhthehsamehstatehbuthinhdifferenthcountieshmayhnothbehsubjecthtohthehsamehgeneralhsaleshta
xhrate.
True
False
h 13.hUnderhthehusualhstatehinheritancehtax,htwohheirs,hahcousinhandhahsonhofhthehdeceased,hwouldhnothbehtaxedhaththeh
samehrate.
True
False
h 14.hVarioushtaxhprovisionshencouragehthehcreationhofhcertainhtypeshofhretirementhplans.hSuchhprovisionshcanhbehju
stifiedhonhbothheconomichandhsocialhgrounds.
True
False
h 15.hAhparenthemployshherhtwinhdaughters,hageh17,hinhherhsolehproprietorship.hThehdaughtersharehnothsubjecthtohFICAhco
verage.
True
False
h 16.hForhomissionshfromhgrosshincomehinhexcesshofh25%hofhthathreported,htherehishnohstatutehofhlimitationshonhad
ditionalhincomehtaxhassessmentshbyhthehIRS.
True
False
h 17.hNothallhofhthehstateshthathimposehahgeneralhsaleshtaxhalsohhavehahusehtax.
True
False
h 18.hStateshimposeheitherhahstatehincomehtaxh orhahgeneralhsaleshtax,hbuthnothbothhtypeshofhtaxes.
True
False
h 19.hThehamounthofhthehstatehexcisehtaxeshonhgasolinehvarieshfromhstatehtohstate.
True
False
h 20.hUponhaudithbyhthehIRS,hFaithhishassessedhahdeficiencyhofh$40,000hofhwhichh$25,000hishattributablehtohnegligence.
Theh20%hnegligencehpenaltyhwillhapplyhtoh$25,000.
True
False
Pageh4
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller smartdove. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £12.90. You're not tied to anything after your purchase.