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  3. 1. please discuss the concept of "voluntary compli

1. Please discuss the concept of "voluntary compliance" as it relates to our federal tax system. 2....

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Accounting

1. Please discuss the concept of "voluntary compliance" as itrelates to our federal tax system.

2. Please compare and contrast the differences between civil andcriminal penalties.

3. Would you rather work as an IRS agent or as a taxpractitioner? Please explain your answer.

Answer & Explanation Solved by verified expert
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1Voluntary compliance refers to the principle that taxpayers will cooperate with the tax system by filing honest and accurate annual returns The US income tax system operates under this assumption Voluntary means that each taxpayer is expected to prepare and file returns without government involvement For example a taxpayer who receives a W2 form from their employer reports that income on their form 1040 The Internal Revenue Service IRS also receives a copy of that W2 and is aware of that income That individual may also have a parttime job that does not file a W2 Under the principle of voluntary compliance the taxpayer is expected to report that second income in their annual return 2Civil law and criminal law are two separate limbs of the legal system in America Each one is broad with its own set of laws and punishments There are several differences between criminal cases and civil cases Criminal cases aim to punish the offender who has offended the state or society Civil    See Answer
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