Jerome, a self-employed attorney, is scrambling around to refigure his estimated 2014 income tax liability, because he needs to mail his third quarter estimated tax payment tomorrow September 15, 2014) . What concept, construct, or doctrine is causing Jerome to scramble?
A) Administrative Convenience Concept.
B) Ability To Pay Concept.
C) Arms-length Transaction Concept.
D) Pay- As-You-Go Concept.
E) Assignment of Income Doctrine.
Correct Answer:
Verified
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