Question 1

Which of these is not a correct citation to the Internal Revenue Code?

Accepted Answer

A)  Section 211.
B)  Section 1222(1) .
C)  Section 2(a) (1) (
A)  .
D)  Section 280B.
E)  All of above are correct cites.F) A) and B)
G) A) and C)

Question 2

Which publisher offers the Standard Federal Tax Reporter?

Accepted Answer

A)  Research Institute of America.
B)  Commerce Clearing House.
C)  Prentice-Hall.
D)  LexisNexis.
E)  None of the above.F) C) and D)
G) B) and D)

Question 3

Which is presently not a major tax service?

Accepted Answer

A)  Standard Federal Tax Reporter.
B)  Federal Taxes.
C)  United States Tax Reporter.
D)  Tax Management Portfolios.
E)  All of the above are major tax services.F) A) and C)
G) B) and E)

Question 4

A researcher can find tax information on home page sites of:

Accepted Answer

A)  Governmental bodies.
B)  Tax academics.
C)  Publishers.
D)  CPA firms.
E)  All of the above.F) A) and D)
G) B) and E)

Question 5

There is a direct conflict between a Code section adopted in 2008 and a treaty with France (signed in 2012).The Code section controls.

Accepted Answer

A) True 
 B)False

Question 6

Tax bills are handled by which committee in the U.S.House of Representatives?

Accepted Answer

A)  Taxation Committee.
B)  Ways and Means Committee.
C)  Finance Committee.
D)  Budget Committee.
E)  None of the above.F) C) and D)
G) B) and E)

Question 7

Tax research involves which of the following procedures:

Accepted Answer

A)  Identifying and refining the problem.
B)  Locating the appropriate tax law sources.
C)  Assessing the validity of the tax law sources.
D)  Follow-up.
E)  All of the above.F) A) and C)
G) B) and C)

Question 8

A taxpayer must pay any tax deficiency assessed by the IRS and sue for a refund to bring suit in the U.S.Court of Federal Claims.Only in the Tax Court can jurisdiction be obtained without first paying the assessed tax deficiency.

Accepted Answer

A) True 
 B)False  True

Question 9

Technical Advice Memoranda may not be cited as precedents by taxpayers.

Accepted Answer

A) True 
 B)False

Question 10

Compare Revenue Rulings with Revenue Procedures.

Accepted Answer

Revenue Rulings are official pronounceme...

Question 11

Arizona is in the jurisdiction of the Eighth Circuit Court of Appeals.

Accepted Answer

A) True 
 B)False

Question 12

Which company does not publish citators for tax purposes?

Accepted Answer

A)  John Wiley & Sons.
B)  Commerce Clearing House.
C)  Research Institute of America.
D)  Westlaw.
E)  Shepard's.F) D) and E)
G) A) and B) A

Question 13

Rules of tax law do not include Revenue Rulings and Revenue Procedures.

Accepted Answer

A) True 
 B)False

Question 14

In a U.S.District Court,a jury can decide both questions of fact and questions of law.

Accepted Answer

A) True 
 B)False

Question 15

Revenue Rulings issued by the National Office of the IRS carry the same legal force and effect as Regulations.

Accepted Answer

A) True 
 B)False  False

Question 16

Revenue Procedures deal with the internal management practices and procedures of the IRS.

Accepted Answer

A) True 
 B)False

Question 17

Regulations are generally issued immediately after a statute is enacted.

Accepted Answer

A) True 
 B)False

Question 18

When searching on an online tax service,which approach is more frequently used?

Accepted Answer

A)  Code section approach.
B)  Keyword approach.
C)  Table of contents approach.
D)  Index.
E)  All are about the same.F) B) and E)
G) D) and E)

Question 19

A taxpayer who loses in a U.S.District Court may appeal directly to the:

Accepted Answer

A)  U.S.Supreme Court.
B)  U.S.Tax Court.
C)  U.S.Court of Federal Claims.
D)  U.S.Circuit Court of Appeals.
E)  All of the above.F) C) and E)
G) A) and B)

Question 20

Post-1984 letter rulings may be substantial authority for purposes of the accuracy-related penalty in § 6662.

Accepted Answer

A) True 
 B)False

Exam 2: Working With the Tax Law

Which of these is not a correct citation to the Internal Revenue Code?

Correct AnswerverifiedShow Answer

Which publisher offers the Standard Federal Tax Reporter?

Correct AnswerverifiedShow Answer

Which is presently not a major tax service?

Correct AnswerverifiedShow Answer

A researcher can find tax information on home page sites of:

Correct AnswerverifiedShow Answer

There is a direct conflict between a Code section adopted in 2008 and a treaty with France (signed in 2012).The Code section controls.

Correct AnswerverifiedShow Answer

Tax bills are handled by which committee in the U.S.House of Representatives?

Correct AnswerverifiedShow Answer

Tax research involves which of the following procedures:

Correct AnswerverifiedShow Answer

A taxpayer must pay any tax deficiency assessed by the IRS and sue for a refund to bring suit in the U.S.Court of Federal Claims.Only in the Tax Court can jurisdiction be obtained without first paying the assessed tax deficiency.

Correct AnswerverifiedTrue

Technical Advice Memoranda may not be cited as precedents by taxpayers.

Correct AnswerverifiedShow Answer

Compare Revenue Rulings with Revenue Procedures.

Correct AnswerverifiedRevenue Rulings are official pronounceme...View AnswerShow Answer

Arizona is in the jurisdiction of the Eighth Circuit Court of Appeals.

Correct AnswerverifiedShow Answer

Which company does not publish citators for tax purposes?

Correct AnswerverifiedA

Rules of tax law do not include Revenue Rulings and Revenue Procedures.

Correct AnswerverifiedShow Answer

In a U.S.District Court,a jury can decide both questions of fact and questions of law.

Correct AnswerverifiedShow Answer

Revenue Rulings issued by the National Office of the IRS carry the same legal force and effect as Regulations.

Correct AnswerverifiedFalse

Revenue Procedures deal with the internal management practices and procedures of the IRS.

Correct AnswerverifiedShow Answer

Regulations are generally issued immediately after a statute is enacted.

Correct AnswerverifiedShow Answer

When searching on an online tax service,which approach is more frequently used?

Correct AnswerverifiedShow Answer

A taxpayer who loses in a U.S.District Court may appeal directly to the:

Correct AnswerverifiedShow Answer

Post-1984 letter rulings may be substantial authority for purposes of the accuracy-related penalty in § 6662.

Correct AnswerverifiedShow Answer

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True

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Revenue Rulings are official pronounceme...
View Answer

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A

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False

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