The latest date Milo can file an amended return to obtain a refund of taxes paid on his 2022 return is April 15, 2024 , because as of 2022, the deadline for 2022 Tax Year returns that result in an increased tax refund based on a tax amendment will be April 15, 2024. All prior tax years or back taxes can no longer claim tax refunds via a tax amendment.
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What Are Tax Amendments?</h3>
The IRS permits you to file an amended tax return to correct errors on a tax return that has already been submitted. It is in your best interest to file the amendment if the correction increases the amount of tax you owe because doing so will help you avoid any interest and penalties on the underpayment.
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Hello Chessy R,
The answer is C profit. Business want to make as much money as possible.
Hope this helped..
Net pay is how much you made in a year after taxes YTD Net pay is how much you've made from January to the last day of the pay period before taxes
Answer: Option D
Explanation: In simple words, value maximization in decision making refers to the concept in which the decision makers tries to make a decision through which both the parties involved gets maximum benefit.
Thus, he takes into consideration the concerns of both the parties without any bias and tries to make the best outcome out of it.
Hence from the above we can conclude that the correct option D.