Question 1

When the Supreme Court grants a writ of certiorari,they are agreeing to review a lower court's decision.

Accepted Answer

When the Supreme Court grants a writ of certiorari, they are agreeing to review a lower court's decision.

Question 2

Secondary sources of tax law include
I.Internal Revenue Code of 1986.
II.United States Tax Reporter (RIA)
III.Taxes: The Tax Magazine.
IV.Tax Court Memo Decision.
​

Accepted Answer

Secondary sources of tax law refer to sources that explain or interpret primary tax law (such as the Internal Revenue Code). United States Tax Reporter (RIA) and Taxes: The Tax Magazine are both examples of secondary sources that provide explanations and analysis of tax law. Tax Court Memo Decision is a primary source of tax law, as it is a written decision by a United States Tax Court judge. Therefore, only statements II and III are correct. Statement I (Internal Revenue Code of 1986) is actually a primary source of tax law.

Question 3

The first step in tax research is to locate the relevant legal authorities.

Accepted Answer

The first step in tax research is to understand the facts and identify the issues, as this guides the search for relevant legal authorities.

Question 4

Which of the following is (are)primary sources of tax law?
I.Joint Conference Committee Reports.
II.Journal of Taxation.
III.Revenue Procedures.
IV.Tax Treaty with France.
V.U.S.Tax Court Memorandum Decisions.
​

Accepted Answer

Primary sources of tax law include legislative sources like Joint Conference Committee Reports, administrative sources like Revenue Procedures, international agreements like Tax Treaty with France, and judicial sources like U.S. Tax Court Memorandum Decisions. Journal of Taxation is a secondary source which interprets and analyzes primary sources of tax law. Therefore, option D is correct as it includes all primary sources mentioned in the question.

Question 5

A tax treaty with a foreign country negotiated by the president is considered a legislative source of tax law.

Accepted Answer

The answer of A tax treaty with a foreign country...

Question 6

Tax planning refers to the preparation of tax returns and doing research on completed transactions.

Accepted Answer

Tax planning refers to the process of organizing your finances in such a way as to minimize your tax liability. This involves strategizing how and when to pay taxes, maximizing deductions, and taking advantage of credits and exemptions. Tax preparation, on the other hand, refers to the actual filling out and filing of tax returns based on completed transactions.

Question 7

Title 26 of the United States Code is commonly referred to as the Internal Revenue Code.

Accepted Answer

Title 26 of the United States Code is indeed commonly referred to as the Internal Revenue Code, or IRC for short. It contains the laws governing taxation in the United States.

Question 8

The National Office of the IRS issues private letter rulings and technical advice memoranda and these pronouncements are binding on the IRS.

Accepted Answer

Private letter rulings and technical advice memoranda are binding on the IRS only with respect to the individual or entity who requested them and cannot be relied upon as precedent by other taxpayers.

Question 9

Primary sources of tax law include
I.Treasury Regulations.
II.IRS Revenue Procedures.
III.Internal Revenue Code of 1986.
IV.The Tax Law Review.
​

Accepted Answer

Primary sources of tax law include Treasury Regulations (I), IRS Revenue Procedures (II), and the Internal Revenue Code of 1986 (III). The Tax Law Review (IV) is not a primary source of tax law, but rather a secondary source that provides commentary and analysis on tax law issues. Therefore, statements I, II, and III are correct, but statement IV is not.

Question 10

Tax articles in law review journals are primary sources of federal income tax law.

Accepted Answer

Law review journals are considered secondary sources of law, meaning they analyze and interpret primary sources such as statutes, regulations, and court decisions. Primary sources of federal income tax law include the Internal Revenue Code, Treasury Regulations, and judicial decisions.

Question 11

Citators provide the full text of court decisions.

Accepted Answer

Citators do not provide the full text of court decisions. They provide information on the history and subsequent treatment of the decision, such as whether it has been overturned or cited in other cases.

Question 12

All judicial citations follow the same format: case name,volume number of the reporter in which the case is published,name of the reporter,and the page of the reporter on which the case begins.

Accepted Answer

This statement is true. All judicial citations follow the same format with the case name, volume number of the reporter, name of the reporter, and the page of the reporter on which the case begins.

Question 13

An interpretative regulation is issued when Congress specifically delegates the authority to the Treasury Department to write specific rules for a designated Code section.

Accepted Answer

An interpretative regulation is issued by the Treasury Department to provide guidance on the interpretation of the Internal Revenue Code, not because Congress has delegated authority to write specific rules for a designated Code section. Legislative regulations are issued under specific authority delegated by Congress.

Question 14

If the IRS loses a case in a court proceeding,they may issue an acquiescence that means they will not follow the decision in similar cases.

Accepted Answer

An acquiescence issued by the IRS means they agree to follow the court's decision in similar cases, not that they will disregard it.

Question 15

After a tax bill has been enacted,the House Ways and Means committee prepares a general explanation of the bill as approved by the president.

Accepted Answer

The answer of After a tax bill has been enacted,the...

Question 16

The final step in the tax research process is to reach a conclusion,make a recommendation and communicate the results to the client.

Accepted Answer

The final step in the tax research process is indeed to reach a conclusion, make a recommendation, and communicate the results to the client. This step is crucial in helping the client make informed decisions regarding their tax situation.

Question 17

Which of the following statements pertaining to tax law is true?
I.A tax textbook is considered a primary source.
II.Secondary sources help locate and interpret primary sources.
III.Primary sources emanate from the three branches of the federal government.
IV.An article in a law journal written by a former commissioner of the Internal Revenue Service is considered a secondary source of tax law.
​

Accepted Answer

Statements II, III, and IV are correct. Secondary sources, such as articles and textbooks, help interpret primary sources but are not themselves primary sources. Primary sources include laws and regulations from the federal government.

Question 18

The Tax Court will not necessarily follow a U.S.Court of Appeal decision unless the taxpayer lives in the geographic jurisdiction of the appellate court.

Accepted Answer

The Tax Court is a federal court that hears cases from all over the country and is not bound by the decisions of any one U.S. Court of Appeals. However, it will generally follow the precedent of the U.S. Court of Appeals that has jurisdiction over the taxpayer's residence, unless it decides to take a different position.

Question 19

Which of the following is (are)secondary sources of tax law?
I.Joint Conference Committee Reports.
II.Journal of Taxation
III.Revenue Procedures.
IV.Tax Treaty with France.
V.U.S.Tax Court Memorandum Decisions.
​

Accepted Answer

The answer of Which of the following is (are)secondary sources...

Question 20

Search engines used in computer-assisted tax research tools provide advantages over manual searches.

Accepted Answer

Search engines used in tax research tools can quickly and efficiently search through vast amounts of information, including laws, regulations, and court cases, providing more accurate and comprehensive results than a manual search.

Quiz 16: Tax Research

When the Supreme Court grants a writ of certiorari,they are agreeing to review a lower court's decision.

Secondary sources of tax law include I.Internal Revenue Code of 1986. II.United States Tax Reporter (RIA) III.Taxes: The Tax Magazine. IV.Tax Court Memo Decision.

The first step in tax research is to locate the relevant legal authorities.

Which of the following is (are) primary sources of tax law? I.Joint Conference Committee Reports. II.Journal of Taxation. III.Revenue Procedures. IV.Tax Treaty with France. V.U.S.Tax Court Memorandum Decisions.

A tax treaty with a foreign country negotiated by the president is considered a legislative source of tax law.

Tax planning refers to the preparation of tax returns and doing research on completed transactions.

Title 26 of the United States Code is commonly referred to as the Internal Revenue Code.

The National Office of the IRS issues private letter rulings and technical advice memoranda and these pronouncements are binding on the IRS.

Primary sources of tax law include I.Treasury Regulations. II.IRS Revenue Procedures. III.Internal Revenue Code of 1986. IV.The Tax Law Review.

Tax articles in law review journals are primary sources of federal income tax law.

Citators provide the full text of court decisions.

All judicial citations follow the same format: case name,volume number of the reporter in which the case is published,name of the reporter,and the page of the reporter on which the case begins.

An interpretative regulation is issued when Congress specifically delegates the authority to the Treasury Department to write specific rules for a designated Code section.

If the IRS loses a case in a court proceeding,they may issue an acquiescence that means they will not follow the decision in similar cases.

After a tax bill has been enacted,the House Ways and Means committee prepares a general explanation of the bill as approved by the president.

The final step in the tax research process is to reach a conclusion,make a recommendation and communicate the results to the client.

The Tax Court will not necessarily follow a U.S.Court of Appeal decision unless the taxpayer lives in the geographic jurisdiction of the appellate court.

Which of the following is (are) secondary sources of tax law? I.Joint Conference Committee Reports. II.Journal of Taxation III.Revenue Procedures. IV.Tax Treaty with France. V.U.S.Tax Court Memorandum Decisions.

Search engines used in computer-assisted tax research tools provide advantages over manual searches.

Quiz 16: Tax Research

When the Supreme Court grants a writ of certiorari,they are agreeing to review a lower court's decision.

Secondary sources of tax law include I.Internal Revenue Code of 1986. II.United States Tax Reporter (RIA) III.Taxes: The Tax Magazine. IV.Tax Court Memo Decision. ​

The first step in tax research is to locate the relevant legal authorities.

Which of the following is (are) primary sources of tax law? I.Joint Conference Committee Reports. II.Journal of Taxation. III.Revenue Procedures. IV.Tax Treaty with France. V.U.S.Tax Court Memorandum Decisions. ​

A tax treaty with a foreign country negotiated by the president is considered a legislative source of tax law.

Tax planning refers to the preparation of tax returns and doing research on completed transactions.

Title 26 of the United States Code is commonly referred to as the Internal Revenue Code.

The National Office of the IRS issues private letter rulings and technical advice memoranda and these pronouncements are binding on the IRS.

Primary sources of tax law include I.Treasury Regulations. II.IRS Revenue Procedures. III.Internal Revenue Code of 1986. IV.The Tax Law Review. ​

Tax articles in law review journals are primary sources of federal income tax law.

Citators provide the full text of court decisions.

All judicial citations follow the same format: case name,volume number of the reporter in which the case is published,name of the reporter,and the page of the reporter on which the case begins.

An interpretative regulation is issued when Congress specifically delegates the authority to the Treasury Department to write specific rules for a designated Code section.

If the IRS loses a case in a court proceeding,they may issue an acquiescence that means they will not follow the decision in similar cases.

After a tax bill has been enacted,the House Ways and Means committee prepares a general explanation of the bill as approved by the president.

The final step in the tax research process is to reach a conclusion,make a recommendation and communicate the results to the client.

The Tax Court will not necessarily follow a U.S.Court of Appeal decision unless the taxpayer lives in the geographic jurisdiction of the appellate court.

Which of the following is (are) secondary sources of tax law? I.Joint Conference Committee Reports. II.Journal of Taxation III.Revenue Procedures. IV.Tax Treaty with France. V.U.S.Tax Court Memorandum Decisions. ​

Search engines used in computer-assisted tax research tools provide advantages over manual searches.

Secondary sources of tax law include I.Internal Revenue Code of 1986. II.United States Tax Reporter (RIA) III.Taxes: The Tax Magazine. IV.Tax Court Memo Decision.

Which of the following is (are) primary sources of tax law? I.Joint Conference Committee Reports. II.Journal of Taxation. III.Revenue Procedures. IV.Tax Treaty with France. V.U.S.Tax Court Memorandum Decisions.

Primary sources of tax law include I.Treasury Regulations. II.IRS Revenue Procedures. III.Internal Revenue Code of 1986. IV.The Tax Law Review.

Which of the following is (are) secondary sources of tax law? I.Joint Conference Committee Reports. II.Journal of Taxation III.Revenue Procedures. IV.Tax Treaty with France. V.U.S.Tax Court Memorandum Decisions.