Utilizing chapter two of Southwestern’s Individual Income Taxes 2021, the response must be a formal email to Joseph explaining issues he might face if he contests the settlement. Full question below:
Joseph receives a settlement letter from the IRS after his discussion with an IRS appeals officer. He is not satisfied with the $101,000 settlement offer. In an email to Joseph, identify and discuss the relevant issues he faces if he chooses to contest the settlement offer.
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