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Identify a current case of tax evasion; evaluate the impact to the individual(s), including the types of penalties will be assessed. Indicate whether or not you agree with the penalties assessed.

Analyze the impact of a tax error identified on a tax return as compared to tax evasion and how the outcomes differ. Describe the ethical dilemma associated with reporting an error on one's income taxes and how that should be handled.

Accounting Basics, Accounting

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