Question 1

Which of the following is not a typical strategy for using a commercial tax service?

Accepted Answer

All of the options listed are typical strategies for using a commercial tax service, so none of them can be the incorrect answer. Therefore, the correct answer is D, which acknowledges that all of the options are typical strategies.

Question 2

The advantages of electronic tax research libraries do not include:

Accepted Answer

All of the given options are advantages of electronic tax research libraries.

Question 3

Locate the revenue procedure that includes the inflation-adjusted individual tax rate schedules for 2016. This revenue procedure usually is released in the fourth quarter of the previous year. Provide a complete citation for your source.

Accepted Answer

The answer of Locate the revenue procedure that includes the...

Question 4

A keyword search in an electronic tax service:

Accepted Answer

Keyword search in an electronic tax service allows researchers to combine words and phrases to define the search. This feature makes it possible to find specific information within a large database and is an efficient way of conducting tax research.

Question 5

Using an electronic research database such as Checkpoint, CCH Tax Research NetWork, or Lexis-Nexis, perform a keyword search that includes the phrase business expense and the keyword charity. Include both primary sources and editorial materials in your search.
a. How many documents did your search retrieve?
b. How many documents are primary authorities and how many are secondary authorities?
c. Provide citations to two primary authorities and two secondary authorities.

Accepted Answer

The answer of Using an electronic research database such as...

Question 6

Which of the following is not a primary authority?

Accepted Answer

Primary authorities include sources of tax law that are issued by the government, such as the Internal Revenue Code and Treasury regulations, as well as administrative guidance such as Revenue Procedures. Tax textbooks are considered secondary sources that provide interpretations and explanations of primary authorities.

Question 7

Alex inherited an antique diamond bracelet from her grandmother. She is thinking of selling the bracelet to raise cash for her college tuition and wonders about the tax consequences of such a sale. If you were to research this question using a keyword search in an electronic library, what keywords would you use? Propose three distinct keyword searches.

Accepted Answer

The answer of Alex inherited an antique diamond bracelet from...

Question 8

Which of the following is not a secondary authority?

Accepted Answer

Revenue procedure is a primary authority as it is issued by the IRS and has the force of law. The rest of the options are secondary authorities as they interpret or explain the primary authorities.

Question 9

A citator:

Accepted Answer

A citator can be used to determine the status of tax judicial decisions, revenue rulings, and revenue procedures.

Question 10

Which of the following primary authorities is least likely to provide a detailed description of facts to which a researcher can compare his or her client's fact pattern?

Accepted Answer

Internal Revenue Code sections typically provide general rules and definitions, while the other three options (treasury regulations, revenue rulings, and tax court decisions) often provide specific fact patterns and examples for how these rules are applied in certain situations.

Question 11

Which of the following statements regarding secondary authorities is true?

Accepted Answer

The answer of Which of the following statements regarding secondary...

Question 12

Which of the following statements regarding commercial tax services is false?

Accepted Answer

Consulting a commercial tax service is typically the preliminary step rather than the final step in the tax research process.

Question 13

Which of the following statements regarding secondary authorities is false?

Accepted Answer

Commercial tax services, whether organized topically or by Code section, typically provide detailed topical indexes to aid in research. This makes it easier for users to find relevant information regardless of the organizational structure of the service.

Question 14

In locating relevant authorities:

Accepted Answer

The answer of In locating relevant authorities:
...

Question 15

Which of the following statements regarding administrative authorities is false?

Accepted Answer

The answer of Which of the following statements regarding administrative...

Question 16

Which of the following statements regarding strategies to locate relevant authority is true?

Accepted Answer

Keyword searching in electronic tax services allows the researcher to combine words and phrases to target the search. A is incorrect because novice researchers tend to examine more materials during the research process than experienced researchers. C is incorrect because keyword searches should be defined as broadly as possible to ensure that all relevant authority is located. D is incorrect because only statement B is true.

Question 17

Which of the following is not a commercial tax service?

Accepted Answer

Cumulative Bulletin is not a commercial tax service, it is a compilation of official IRS documents that is published periodically. The other options listed (RIA Federal Tax Coordinator 2d, CCH Federal Tax Services, and Tax Management Portfolios) are all commercial tax services offered by various publishers.

Question 18

A keyword search using an electronic database is part of which step in the research process?

Accepted Answer

Keyword search falls under the step of locating relevant tax law authority in the research process.

Question 19

Which of the following is not a secondary authority?

Accepted Answer

Tax Court Memorandum decisions are primary authorities, as they are decisions made by a court with the power to create law. BNA Tax Management Portfolios and United States Tax Reporter are both secondary authorities, as they provide analysis and interpretation of the law rather than being the law itself.

Question 20

The use of secondary authorities might be appropriate as part of which step in the research process?

Accepted Answer

Secondary authorities can be useful in locating relevant tax law authority as they provide explanations, interpretations, and applications of primary sources of law, helping researchers understand and apply the law to specific situations.

Quiz 5: Tax Research

Which of the following is not a typical strategy for using a commercial tax service?

The advantages of electronic tax research libraries do not include:

Locate the revenue procedure that includes the inflation-adjusted individual tax rate schedules for 2016. This revenue procedure usually is released in the fourth quarter of the previous year. Provide a complete citation for your source.

A keyword search in an electronic tax service:

Which of the following is not a primary authority?

Which of the following is not a secondary authority?

A citator:

Which of the following primary authorities is least likely to provide a detailed description of facts to which a researcher can compare his or her client's fact pattern?

Which of the following statements regarding secondary authorities is true?

Which of the following statements regarding commercial tax services is false?

Which of the following statements regarding secondary authorities is false?

In locating relevant authorities:

Which of the following statements regarding administrative authorities is false?

Which of the following statements regarding strategies to locate relevant authority is true?

Which of the following is not a commercial tax service?

A keyword search using an electronic database is part of which step in the research process?

Which of the following is not a secondary authority?

The use of secondary authorities might be appropriate as part of which step in the research process?