Initial determinations of the facts of a tax issue are likely to be incomplete because:
A) taxpayers tend to see the dispute only from their side.
B) taxpayers not being trained in the tax law may be unable to determine which facts are important to convey.
C) fact-gathering often depends on the reliability of the memory of taxpayers.
D) all of the above.

Question

Quizplus · Accepted Answer

All of the above reasons contribute to why initial determinations of tax issues are likely to be incomplete. Taxpayers may have a biased perspective, may not know which facts are important, and may have difficulty recalling accurate information. It is important for tax professionals to conduct thorough fact-gathering and analysis to ensure all relevant information is considered.

Initial Determinations of the Facts of a Tax Issue Are