Compute the total fraud and negligence penalties incurred


Response to the following problem:

Blair underpaid her taxes by $250,000. A portion of the underpayment was shown to be attributable to Blair's negligence ($100,000). A court found that the rest of the deficiency constituted civil fraud ($150,000). Compute the total fraud and negligence penalties incurred.

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Taxation: Compute the total fraud and negligence penalties incurred
Reference No:- TGS02088079

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