Aldo has just been audited by the irs he does not

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38.Aldo has just been audited by the IRS. He does not agree with the agent’s findings but feels he has only two choices: pay the proposed deficiency or report to the courts. Do you with Aldo’s conclusions? Why or why not?
42.On a Federal income tax return filed five years ago, Andy inadvertently omitted a large amount of gross income.A.Andy seeks your advice as to whether the IRS is barred from assessing addi-tional income tax in the event he is audited. What is your advice?
B.Would your advice differ if you are the person who prepared the return in question? Explain.
Megan BiermanACC 307
C.Suppose Andy asks you to prepare his current year’s return. Would you do so? Explain.

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