For innocent spouse relief to apply, five conditions must be met. Explain them.
What will be an ideal response?
Five conditions must be met:
1) A joint return is filed.
2) The return contains an understatement of tax attributable to the erroneous item(s) of an individual filing it.
3) The other individual establishes that he or she neither knew nor had reason to know of the understatement.
4) Based on all the facts and circumstances, holding the other individual liable for the deficiency would be inequitable.
5) The other individual elects innocent spouse relief no later than two years after the IRS begins its collection efforts.
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The costs of completed jobs in a service organization is transferred to the
A) Work in Process Inventory account. B) Finished Goods Inventory account. C) Cost of Goods Sold account. D) Cost of Services account.
A(n) ________ is a plan for how a business intends to go about its own performance and outdo that of its competition.
A. strategy B. model C. opportunity D. All of these.
Before starting his presentation on the benefits of taxi services, Mark engages the listeners by asking them to imagine themselves driving in a drunken state. He goes on to ask them the possible outcomes that they can imagine. This exercise ensures that Mark gets the listeners' complete attention. In the given scenario, Mark uses _____ to open his presentation.
A. audience involvement B. statistics C. engaging questions D. a simile
What is the paradox of positive organization change?
A. change moves forward, not backward B. negative factors have a stronger impact on behavior than positive factors C. applauding achievements can backfire during change D. people prefer to be negative