Yang, a Calendar Year Taxpayer, Did Not File a Tax

question 35

True/False

Yang, a calendar year taxpayer, did not file a tax return for 2005 because she honestly believed that no additional tax was due.In 2012, Yang is audited by the IRS and the agent assesses a deficiency of $17,000 for 2005.Yang need not pay this deficiency, since the statute of limitations expired on April 15, 2009.

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Technology

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Production Enhancement

Strategies and methods employed to increase the efficiency, output, or quality of products in a manufacturing or production process.

Affluent Society

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Low Cost

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