A Taxpayer Can Avoid the Failure-To-File Penalty If an Extension

question 41

True/False

A taxpayer can avoid the failure-to-file penalty if an extension of the return's due date is granted by the IRS.

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Definitions:

Immediate Feedback

Prompt response or input given to an individual or group shortly after performing a task, aimed at improving future performances.

Douglas McGregor

Douglas McGregor was a social psychologist whose work in the field of management and motivation theory led to the development of the X and Y theory, contrasting two different views of workforce motivation.

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The aspects of work or situations that pertain to the emotional, psychological, and social needs of individuals.

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The act of using the internet for non-work related activities during work hours, which can decrease productivity.