Rhonda a calendar year taxpayer filed her 2010 return on


Question - Rhonda, a calendar year taxpayer, filed 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 $25,000.

A. What are Rhonda's penalties for failure to file and to pay?

B. Would your answer change if Rhonda, 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: Rhonda a calendar year taxpayer filed her 2010 return on
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