A Taxpayer Must Pay Any Tax Deficiency Assessed by the IRS

question 43

True/False

A taxpayer must pay any tax deficiency assessed by the IRS and sue for a refund to bring suit in the U.S.District
Court.

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Definitions:

Assign

To transfer rights or duties under a contract or legal agreement to another party.

Silent

Characterized by the absence of sound or the decision not to speak or disclose information.

Subleases

Agreements where the original lessee rents out the leased premises to another party.

Primarily Liable

Refers to the party who bears the initial responsibility for fulfilling an obligation or debt.