Kibble for Kats is an exempt organization with fross receipts of $585,000. If Kibble for Kats and K9s faailed to file their required return for 2021, what would be the maximum penality be?

SWFT Corp Partner Estates Trusts
42nd Edition
ISBN:9780357161548
Author:Raabe
Publisher:Raabe
Chapter15: Exempt Entities
Section: Chapter Questions
Problem 39P
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Sir please help me sir urgently
Accounting
Kibble for Kats is an exempt organization with
fross receipts of $585,000. If Kibble for Kats and
K9s faailed to file their required return for 2021,
what would be the maximum penality be?
Transcribed Image Text:Accounting Kibble for Kats is an exempt organization with fross receipts of $585,000. If Kibble for Kats and K9s faailed to file their required return for 2021, what would be the maximum penality be?
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