Several Months Prior to the Due Date of the Return,Maria

question 99

True/False

Several months prior to the due date of the return,Maria provides her accountant with all of the information necessary for the filing of the return.This was an extraordinarily busy tax season,and the accountant files the return late.Maria should not be subject to any penalties,because of the reasonable cause exception.

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Definitions:

Values Drift

The gradual shift in the core beliefs, principles, and values of an individual or organization over time.

Legal And Ethical

Pertaining to the adherence to both the law and moral guidelines in decision-making processes to ensure fairness, justice, and integrity.

Safety Gear

Equipment designed to protect the wearer from injury or danger, especially in a work or activity environment.

Local Taxes

Taxes imposed by local government authorities, such as cities or counties, on residents or businesses within their jurisdiction.