If Congress Enacts Legislation Late in the Year That Is

question 60

Multiple Choice

If Congress enacts legislation late in the year that is retroactive to the beginning of the year, the legislation increases:

• A) Audit risk
• B) Tax law uncertainty
• C) Financial risk
• D) Marginal tax rate uncertainty

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Definitions:

Significant Stress

A level of stress that notably affects an individual's mental, physical, or emotional well-being, often requiring intervention or management.

Lucid Dreaming

A dream state in which the dreamer is aware they are dreaming and may have some control over the dream.

Therapists

Professional mental health specialists who assess and treat mental, emotional, and behavioral disorders.

Nightmare

A distressing dream filled with fear or anxiety that often awakens the sleeper, frequently remembered in detail upon waking.