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Tina a self-employed computer consultant underreports her

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Tina, a self-employed computer consultant, underreports her tax liability for the 2013 tax year. The amount of the underreported tax liability constitutes approximately 10% of her actual tax liability. She filed the tax return and paid the tax liability reported on the 2013 tax return before the required due date. What is the potential fallout from this underreporting?

Reference no: EM13568358

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