What are rhonda penalties for failure to file and to pay

Reference no: EM13129845

Rhonda, a calendar year taxpayer, filed her 2010 return on November 4, 2012. She did not obtain an extension for filing her return, and the return reflects additional income tax due of $25,000.

A. What are Rhonda's penalties for failure to file and to pay?

B. Would your answer change if Rhonda, before the due date of the return, had retained a CPA to prepare the return and the CPA's negligence caused the delay?

Reference no: EM13129845

Questions Cloud

Gains and losses requiring amortization : Net periodic pension cost recognized by an employer sponsoring a defined benefit pension plan may include a gain or loss component. Gains and losses requiring amortization:

Change on a deferred tax liability : When a change in the tax law or rates occurs, the effect of the change on a deferred tax liability or asset must be recognized as an adjustment as of the:

Formulas for volumes of cone and sphere : Please explain how to solve the following: Use the disk method to verify that the volume of a right circular cone is 1/3pir^2h.

Identify the inductive fallacy-stimulus money : Identify the inductive fallacy in the following example: Some say that the stimulus money paid to banks just went straight into the pockets of the bankers.

What are rhonda penalties for failure to file and to pay : Rhonda, a calendar year taxpayer, filed her 2010 return on November 4, 2012. She did not obtain an extension for filing her return, and the return reflects additional income tax due of $25,000.

Operating activities under indirect method : In Metro's current year cash flow statement, the reported net cash provided by operating activities under the indirect method should be:

Integration-anti-derivative : Please show how to solve each of the following problems. Find the antiderivative (integral)

Which substance is the limiting reactants : Consider the following combustion reaction: 2C4H10 + 13O2 -> 8O2 + 10H20. 125 g of C4H2O react with 415g O2.

Which project meets elysian standards : Elysian Fields Inc uses a maximum payback period of 6 years and currently must choose between two mutually exclusive projects. Project Hydrogen requires an initial outlay of $25,000; project Helium requires an initial outlay of $35,000.

User Account

All Pages