McGraw-Hill's Taxation of Individuals and Business Entities 3rd Edition by Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

Exercise 28

Pierre recently received a tax penalty for failing to file a tax return.He was upset to receive the penalty, but he was comforted by the thought that he will get a tax deduction for paying the penalty.a.Use an available tax research service to determine if Pierre is correct.b.Write a memo communicating the results of your research.