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Problem - Serena operates a gift shop. To reduce costs of credit card transactions, she offers customers a discount if they pay in cash. For the holiday rush, she hires some short-term workers but pays them cash and does not add them to the payroll.
Required -
a. What are some of the tax problems Serena might have?
b. Assess Serena's chances of audit by the IRS.
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wyatt co. has budgeted the following unit sales2011nbspnbspnbspnbspnbspnbspnbspnbsp
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