
Federal Tax Research 10th Edition by Roby Sawyers,William Raabe,Gerald Whittenburg,Steven Gill
Edition 10ISBN: 978-1285439396
Federal Tax Research 10th Edition by Roby Sawyers,William Raabe,Gerald Whittenburg,Steven Gill
Edition 10ISBN: 978-1285439396 Exercise 1
Define tax research. Briefly describe the tax research process.
Explanation
Tax Research
Tax research is second significant administrative source pertaining to the tax law established by the federal government. it is taken into consideration for providing answer to the questions related with taxation. The process of tax research comprises of four steps viz. classification of the underlying issue, determination of adequate authority, scrutinizing the appropriateness of the concerned authority and implementation of the selected authorities.
In this case, the process of tax research includes six steps viz. establish the information or facts which involves collection of facts that include nontax and tax items. Secondly the identification of underlying issue is undertaken in which both the issue of law and issue of fact is being identified by the tax researcher. Third step is to locating the concerned authority which requires the researcher to locate the concerned authority which is relevant with respect to the location of the client. Fourth step is to assess the authority underlying which analysis pertaining to the precedential value of authority or the current status of the authority is being analyzed by the researcher. Next step is to make recommendation underlying which researcher comes to the conclusion on the basis of analysis undertaking in the previous steps. Last step is to communicate source of authority, issue, assumption and facts, conclusion and the underlying recommendation to the client
Tax research is second significant administrative source pertaining to the tax law established by the federal government. it is taken into consideration for providing answer to the questions related with taxation. The process of tax research comprises of four steps viz. classification of the underlying issue, determination of adequate authority, scrutinizing the appropriateness of the concerned authority and implementation of the selected authorities.
In this case, the process of tax research includes six steps viz. establish the information or facts which involves collection of facts that include nontax and tax items. Secondly the identification of underlying issue is undertaken in which both the issue of law and issue of fact is being identified by the tax researcher. Third step is to locating the concerned authority which requires the researcher to locate the concerned authority which is relevant with respect to the location of the client. Fourth step is to assess the authority underlying which analysis pertaining to the precedential value of authority or the current status of the authority is being analyzed by the researcher. Next step is to make recommendation underlying which researcher comes to the conclusion on the basis of analysis undertaking in the previous steps. Last step is to communicate source of authority, issue, assumption and facts, conclusion and the underlying recommendation to the client
Federal Tax Research 10th Edition by Roby Sawyers,William Raabe,Gerald Whittenburg,Steven Gill
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