What is the last date on which paul can successfully bring

Assignment Help Taxation
Reference no: EM133449119

Case Study: Paul Perplexed's 20X1 income tax return was audited in January 20X3. The IRS assessed and Paul paid the tax, interest, and penalties on August 2, 20X3. On August 13, 20X3, Paul filed a claim for refund on Form 1040X to recover the full amount that he had paid. Paul consults you today to see what further action he can take to get his money back. He has lived at the same address for the entire period since he filed his claim for refund and he has never received any correspondence from the IRS either allowing or disallowing the claim for refund.

Questions:

(A) What is the last date on which Paul can successfully bring a lawsuit against the IRS to recover his taxes, interest, and penalties that he paid in 20X3?
(B) What is the earliest date that Paul could file a lawsuit on the claim?

Reference no: EM133449119

Questions Cloud

How is tax paid or withheld overseas treated in australia : How is tax paid/withheld overseas treated in Australia, where the country has a double tax agreement with Australia
Explain and interpret their proposed stages : The ability of the unidirectional model of acculturation to provide ways to explain and interpret their proposed stages in the acculturation process
Describe one example of either classical conditioning : Describe one example of either classical conditioning, operant conditioning, or observational learning that has occurred in your own life.
Which debra is in breach of her common-law duties : Identify and describe five ways in which Debra is in breach of her common-law duties as an agent. when all the transactions have been completed.
What is the last date on which paul can successfully bring : What is the last date on which Paul can successfully bring a lawsuit against the IRS to recover his taxes, interest, and penalties that he paid in 20X3?
The withdrawal reflex involves what : Electrical stimulation of sensory (group la) axons and the activation of motor neurons in the target muscle - Tapping the tendon stretches the muscle
Which part do you find the australian consumer law : In which Act and in which part do you find the Australian Consumer Law (ACL)? What section of the Competition & Consumer Act applies to Misleading
Would you choose to conduct a correlational study : Would you choose to conduct a correlational study or an experimental study? In addition, would you choose a cross-sectional or a longitudinal design
What factors influence our use of this metabolic system : What factors influence our use of this metabolic system? How many ATP are yielded during this process

Reviews

Write a Review

Taxation Questions & Answers

  Taxable income

Determine taxable income before considering expense.

  Prepare a tax research memo

Prepare a tax research memo to the file that addresses the issues you feel are most relevant to Mimi's various issures.

  Income by ordinary concepts

Explain what is meant by income by ordinary concepts

  Identify the tax issues

Identify the tax issues that are raised and the relevant sections of the legislation. Identify any cases and other sources of law or information that apply.

  Calculate carolines taxable income

Calculate Carolines taxable income

  Taxation – law and practice

Show the tax issues that are raised and the relevant sections of the legislation.

  Payment to the taxpayer

Brief statement in your own words of the facts of the cases.

  Prepare regular corporation tax return

Prepare the C Regular Corporation Tax Return for the Lawson And Norman Enterprise

  Taxation law

Advise the participants in the ‘barter' system of the income tax implications, if any, of participating in the system.

  A tax on cigarettes is a good way of raising tax revenue

Discuss- A tax on cigarettes is a good way of raising tax revenue for the government

  Prepare the required journal entry

Prepare the required journal entry to record the tax expense

  Calculate barbs taxable income

Calculate Barb's taxable income? What nonrefundable credit is Barb eligible for based on the information you have?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd