Question 1

The Golsen rule has been overturned by the U.S. Supreme Court.

Accepted Answer

A) True 
 B)False

Question 2

Electronic databases are most frequently searched by the keyword approach.

Accepted Answer

A) True 
 B)False

Question 3

The IRS will not acquiesce to the following tax decisions:

Accepted Answer

A)  U.S. District Court.
B)  U.S. Tax Court.
C)  U.S. Court of Federal Claims.
D)  Small Case Division of the U.S. Tax Court.
E)  All of these.F) A) and E)
G) B) and E)

Question 4

How can Congressional Committee Reports be used by a tax researcher?

Accepted Answer

Congressional Committee Reports often ex...

Question 5

Temporary Regulations are only published in the Internal Revenue Bulletin.

Accepted Answer

A) True 
 B)False

Question 6

Which items tell taxpayers the IRS's reaction to certain court decisions?

Accepted Answer

A)  Notices
B)  Revenue Procedures
C)  Revenue Rulings
D)  Actions on Decisions
E)  Legislative RegulationsF) A) and B)
G) A) and C)

Question 7

Which is not a primary source of tax law?

Accepted Answer

A)  Notice 89-99, 1989-2 C.B. 422.
B)  Estate of Harry Holmes v. Comm., 326 U.S. 480 (1946) .
C)  Rev. Rul. 79-353, 1979-2 C.B. 325.
D)  Prop. Reg. § 1.752-4T(f) .
E)  All of these are primary sources.F) All of the above
G) B) and D)

Question 8

A letter ruling applies only to the taxpayer who asks for and obtains a letter ruling.

Accepted Answer

A) True 
 B)False

Question 9

The Internal Revenue Code was first codified in what year?

Accepted Answer

A)  1913
B)  1923
C)  1939
D)  1954
E)  1986F) A) and D)
G) B) and E)

Question 10

What is a Technical Advice Memorandum?

Accepted Answer

The National Office of the IRS releases ...

Question 11

The U.S. Tax Court meets most often in Washington, D.C.

Accepted Answer

A) True 
 B)False

Question 12

Which item may not be cited as a precedent?

Accepted Answer

A)  Regulations
B)  Temporary Regulations
C)  Technical Advice Memoranda
D)  U.S. District Court decision
E)  None of theseF) B) and C)
G) C) and D)

Question 13

Discuss the advantages and disadvantages of the Small Cases Division of the U.S. Tax Court.

Accepted Answer

There is no appeal from the Small Cases ...

Question 14

Subtitle A of the Internal Revenue Code covers which of the following taxes?

Accepted Answer

A)  Income taxes
B)  Estate and gift taxes
C)  Excise taxes
D)  Employment taxes
E)  All of theseF) A) and E)
G) A) and C)

Question 15

Distinguish between the jurisdiction of the U.S. Tax Court and a U.S. District Court.

Accepted Answer

The U.S. Tax Court hears only tax cases ...

Question 16

The research process should always begin with a tax service.

Accepted Answer

A) True 
 B)False

Question 17

A taxpayer can obtain a jury trial in the U.S. Tax Court.

Accepted Answer

A) True 
 B)False

Question 18

A jury trial is available in the following trial court:

Accepted Answer

A)  U.S. Tax Court.
B)  U.S. Court of Federal Claims.
C)  U.S. District Court.
D)  U.S. Circuit Court of Appeals.
E)  None of these.F) B) and E)
G) C) and D)

Question 19

Which company does not publish citators for tax purposes?

Accepted Answer

A)  John Wiley & Sons
B)  Commerce Clearing House
C)  Thomson Reuters RIA
D)  Westlaw
E)  Shepard'sF) B) and C)
G) C) and D)

Question 20

The IRS is not required to make a letter ruling public.

Accepted Answer

A) True 
 B)False

Exam 2: Working With the Tax Law

The research process should always begin with a tax service.

Correct AnswerverifiedShow Answer

A letter ruling applies only to the taxpayer who asks for and obtains a letter ruling.

Correct AnswerverifiedShow Answer

The Internal Revenue Code was first codified in what year?

Correct AnswerverifiedShow Answer

Distinguish between the jurisdiction of the U.S. Tax Court and a U.S. District Court.

Correct AnswerverifiedThe U.S. Tax Court hears only tax cases ...View AnswerShow Answer

The IRS will not acquiesce to the following tax decisions:

Correct AnswerverifiedShow Answer

Subtitle A of the Internal Revenue Code covers which of the following taxes?

Correct AnswerverifiedShow Answer

What is a Technical Advice Memorandum?

Correct AnswerverifiedThe National Office of the IRS releases ...View AnswerShow Answer

The Golsen rule has been overturned by the U.S. Supreme Court.

Correct AnswerverifiedShow Answer

A jury trial is available in the following trial court:

Correct AnswerverifiedShow Answer

Electronic databases are most frequently searched by the keyword approach.

Correct AnswerverifiedShow Answer

The U.S. Tax Court meets most often in Washington, D.C.

Correct AnswerverifiedShow Answer

Which items tell taxpayers the IRS's reaction to certain court decisions?

Correct AnswerverifiedShow Answer

Which item may not be cited as a precedent?

Correct AnswerverifiedShow Answer

Which is not a primary source of tax law?

Correct AnswerverifiedShow Answer

The IRS is not required to make a letter ruling public.

Correct AnswerverifiedShow Answer

Temporary Regulations are only published in the Internal Revenue Bulletin.

Correct AnswerverifiedShow Answer

How can Congressional Committee Reports be used by a tax researcher?

Correct AnswerverifiedCongressional Committee Reports often ex...View AnswerShow Answer

Which company does not publish citators for tax purposes?

Correct AnswerverifiedShow Answer

A taxpayer can obtain a jury trial in the U.S. Tax Court.

Correct AnswerverifiedShow Answer

Discuss the advantages and disadvantages of the Small Cases Division of the U.S. Tax Court.

Correct AnswerverifiedThere is no appeal from the Small Cases ...View AnswerShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
The U.S. Tax Court hears only tax cases ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
The National Office of the IRS releases ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Congressional Committee Reports often ex...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
There is no appeal from the Small Cases ...
View Answer