Rhoda a calendar year taxpayer files her 2010 return on


Question - Rhoda, a calendar year taxpayer, files 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 $25000.

a. What are Rhoda's penalties for failure to file and to pay?

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

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Accounting Basics: Rhoda a calendar year taxpayer files her 2010 return on
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