Question 1

Which of the following citations is the primary citation for a U.S. District Court case?

Accepted Answer

A)  40 F.Supp. 453 
B)  43 AFTR 2d 79- 1023 
C)  55 F.2d 930 
D)  79- 1 USTC &9323 
A)  40 F.Supp. 453 
B)  43 AFTR 2d 79- 1023 
C)  55 F.2d 930 
D)  79- 1 USTC &9323 A

Question 2

Identify which of the following statements is false.

Accepted Answer

A)  The citation Ltr. Rul. 200611075 usually indicates the ruling was made public in the 11th week of 2006. 
B)  Rev. Proc. 2006- 19 is a revenue procedure that was published in 2006. 
C)  A technical advice memorandum is made available as a letter ruling. 
D)  A revenue ruling is issued by the Internal Revenue Service only in response to a written inquiry by a taxpayer. 
A)  The citation Ltr. Rul. 200611075 usually indicates the ruling was made public in the 11th week of 2006. 
B)  Rev. Proc. 2006- 19 is a revenue procedure that was published in 2006. 
C)  A technical advice memorandum is made available as a letter ruling. 
D)  A revenue ruling is issued by the Internal Revenue Service only in response to a written inquiry by a taxpayer. D

Question 3

Which of the following is secondary authority?

Accepted Answer

A)  RIA and CCH tax services 
B)  Internal Revenue Code 
C)  Treasury Regulations 
D)  Revenue Ruling 
A)  RIA and CCH tax services 
B)  Internal Revenue Code 
C)  Treasury Regulations 
D)  Revenue Ruling A

Question 4

In list form, outline the steps to follow when using a tax service.

Accepted Answer

1) Use a key word search.
2) Read the ap

Question 5

Small case procedures of the U.S. Tax Court requires that the amount in dispute not exceed

Accepted Answer

A)  $50,000. 
B)  $10,000. 
C)  $100,000. 
D)  $5,000. 
A)  $50,000. 
B)  $10,000. 
C)  $100,000. 
D)  $5,000.

Question 6

The primary citation for a federal circuit court of appeals case would be

Accepted Answer

A)  79- 2 USTC & 9693. 
B)  40 AFTR 2d 78- 1234. 
C)  3 F.3d 134. 
D)  44 F.Supp. 403. 
A)  79- 2 USTC & 9693. 
B)  40 AFTR 2d 78- 1234. 
C)  3 F.3d 134. 
D)  44 F.Supp. 403.

Question 7

Which of the following courts is not a trial court for tax cases?

Accepted Answer

A)  U.S. District Court 
B)  U.S. Tax Court 
C)  U.S. Court of Federal Claims 
D)  U.S. Bankruptcy Court 
A)  U.S. District Court 
B)  U.S. Tax Court 
C)  U.S. Court of Federal Claims 
D)  U.S. Bankruptcy Court

Question 8

Describe the appeals process in tax litigation.

Accepted Answer

Appeals from Tax Court and U.S. district

Question 9

Which tax service is usually deemed to be the most authoritative?

Accepted Answer

A)  All are equally authoritative. 
B)  Federal Tax Coordinator 2d 
C)  Standard Federal Tax Reporter 
D)  United States Tax Reporter 
A)  All are equally authoritative. 
B)  Federal Tax Coordinator 2d 
C)  Standard Federal Tax Reporter 
D)  United States Tax Reporter

Question 10

Identify which of the following statements is true.

Accepted Answer

A)  The American Federal Tax Reports contain only tax cases. 
B)  The Federal Supplement contains only tax cases. 
C)  The citation, 41 TCM 1272, refers to a Tax Court regular decision published by Commerce Clearing House. 
D)  All of the above are false. 
A)  The American Federal Tax Reports contain only tax cases. 
B)  The Federal Supplement contains only tax cases. 
C)  The citation, 41 TCM 1272, refers to a Tax Court regular decision published by Commerce Clearing House. 
D)  All of the above are false.

Question 11

What is an information release?

Accepted Answer

The IRS issues information rel

Question 12

The citation "Rev. Rul. 2006- 8, 2006- 1 C.B. 541" refers to

Accepted Answer

A)  the 1st ruling of 2006 found on page 541 in the 2006 volume of the Cumulative Bulletin. 
B)  the 541st ruling of 2006 found on page eight in Vol. 1 of the 2006 Cumulative Bulletin. 
C)  the eighth ruling of 2006 found on page 541 in the 2006 volume of the Cumulative Bulletin. 
D)  the eighth ruling of 2006 found on page 541 in Vol. 1 of the 2006 Cumulative Bulletin. 
A)  the 1st ruling of 2006 found on page 541 in the 2006 volume of the Cumulative Bulletin. 
B)  the 541st ruling of 2006 found on page eight in Vol. 1 of the 2006 Cumulative Bulletin. 
C)  the eighth ruling of 2006 found on page 541 in the 2006 volume of the Cumulative Bulletin. 
D)  the eighth ruling of 2006 found on page 541 in Vol. 1 of the 2006 Cumulative Bulletin.

Question 13

Explain the difference between a closed- fact and open- fact situation.

Accepted Answer

In a closed- fact situation, the transac

Question 14

Are letter rulings of precedential value to third parties?

Accepted Answer

Not really. A letter ruling is binding o

Question 15

In 1998, Congress passed legislation concerning shifting the burden of proof to the IRS. The taxpayer must introduce "credible evidence" to shift the burden of proof to the IRS. What constitutes "credible evidence?"

Accepted Answer

The term is not defined in the IRC. Beca

Question 16

Identify which of the following statements is false.

Accepted Answer

A)  The citation Rev. Rul. 2006- 5, I.R.B. 2006- 1, 33, indicates that the revenue ruling can be found on page 33 of the 1st I.R.B. for 2006. 
B)  The Cumulative Bulletin is issued semiannually while the Internal Revenue Bulletin is issued weekly. 
C)  The number "5" in the citation Reg. Sec. 1.166- 5 refers to the paragraph number. 
D)  All of the above are false. 
A)  The citation Rev. Rul. 2006- 5, I.R.B. 2006- 1, 33, indicates that the revenue ruling can be found on page 33 of the 1st I.R.B. for 2006. 
B)  The Cumulative Bulletin is issued semiannually while the Internal Revenue Bulletin is issued weekly. 
C)  The number "5" in the citation Reg. Sec. 1.166- 5 refers to the paragraph number. 
D)  All of the above are false.

Question 17

Identify which of the following statements is false.

Accepted Answer

A)  Regular and memorandum decisions of the Tax Court are published by the government in the Tax Court of the United States Reports. 
B)  The Board of Tax Appeals preceded the Tax Court. 
C)  The citation Cristofani, 97 T.C. 74 (1991) indicates that the decision is a regular decision of the Tax Court. 
D)  The citation Estate of Newhouse, 94 T.C. 193 (1990), nonacq. 1991- 1 C.B. 1 indicates that the IRS did not formally disagree with this 1990 Tax Court decision until 1991. 
A)  Regular and memorandum decisions of the Tax Court are published by the government in the Tax Court of the United States Reports. 
B)  The Board of Tax Appeals preceded the Tax Court. 
C)  The citation Cristofani, 97 T.C. 74 (1991) indicates that the decision is a regular decision of the Tax Court. 
D)  The citation Estate of Newhouse, 94 T.C. 193 (1990), nonacq. 1991- 1 C.B. 1 indicates that the IRS did not formally disagree with this 1990 Tax Court decision until 1991.

Question 18

In all situations, tax considerations are of primary importance. Do you agree or disagree? Support your answer.

Accepted Answer

It is important to consider nontax objec

Question 19

The phrase "Entered under Rule 155" indicates that

Accepted Answer

A)  only one Tax Court judge reviewed the case. 
B)  the parties have agreed not to appeal the decision. 
C)  the court has not reached a decision concerning the appropriate tax treatment of an issue. 
D)  the computation of the exact amount of the tax deficiency has been left to the litigating parties. 
A)  only one Tax Court judge reviewed the case. 
B)  the parties have agreed not to appeal the decision. 
C)  the court has not reached a decision concerning the appropriate tax treatment of an issue. 
D)  the computation of the exact amount of the tax deficiency has been left to the litigating parties.

Question 20

Where must a tax researcher look to access all Tax Court cases?

Accepted Answer

The regular opinions are found in the Ta

Which of the following citations is the primary citation for a U.S. District Court case?

Identify which of the following statements is false.

Which of the following is secondary authority?

In list form, outline the steps to follow when using a tax service.

Small case procedures of the U.S. Tax Court requires that the amount in dispute not exceed

The primary citation for a federal circuit court of appeals case would be

Which of the following courts is not a trial court for tax cases?

Describe the appeals process in tax litigation.

Which tax service is usually deemed to be the most authoritative?

Identify which of the following statements is true.

What is an information release?

The citation "Rev. Rul. 2006- 8, 2006- 1 C.B. 541" refers to

Explain the difference between a closed- fact and open- fact situation.

Are letter rulings of precedential value to third parties?

In 1998, Congress passed legislation concerning shifting the burden of proof to the IRS. The taxpayer must introduce "credible evidence" to shift the burden of proof to the IRS. What constitutes "credible evidence?"

Identify which of the following statements is false.

Identify which of the following statements is false.

In all situations, tax considerations are of primary importance. Do you agree or disagree? Support your answer.

The phrase "Entered under Rule 155" indicates that

Where must a tax researcher look to access all Tax Court cases?

Corporate Formations and Capital Structure

The Corporate Income Tax

Corporate Nonliquidating Distributions

Other Corporate Tax Levies

Corporate Liquidating Distributions

Corporate Acquisitions and Reorganizations

Consolidated Tax Returns

Partnership Formation and Operation

Special Partnership Issues

S Corporations

The Gift Tax

The Estate Tax

Income Taxation of Trusts and Estates

Administrative Procedures

Tax Deductions and Travel Expenses for Employees and Self-Employed Individuals

Filters

Exam 1: Tax Research

Which of the following citations is the primary citation for a U.S. District Court case?

Identify which of the following statements is false.

Which of the following is secondary authority?

In list form, outline the steps to follow when using a tax service.

Small case procedures of the U.S. Tax Court requires that the amount in dispute not exceed

The primary citation for a federal circuit court of appeals case would be

Which of the following courts is not a trial court for tax cases?

Describe the appeals process in tax litigation.

Which tax service is usually deemed to be the most authoritative?

Identify which of the following statements is true.

What is an information release?

The citation "Rev. Rul. 2006- 8, 2006- 1 C.B. 541" refers to

Explain the difference between a closed- fact and open- fact situation.

Are letter rulings of precedential value to third parties?

In 1998, Congress passed legislation concerning shifting the burden of proof to the IRS. The taxpayer must introduce "credible evidence" to shift the burden of proof to the IRS. What constitutes "credible evidence?"

Identify which of the following statements is false.

Identify which of the following statements is false.

In all situations, tax considerations are of primary importance. Do you agree or disagree? Support your answer.

The phrase "Entered under Rule 155" indicates that

Where must a tax researcher look to access all Tax Court cases?

Corporate Formations and Capital Structure

The Corporate Income Tax

Corporate Nonliquidating Distributions

Other Corporate Tax Levies

Corporate Liquidating Distributions

Corporate Acquisitions and Reorganizations

Consolidated Tax Returns

Partnership Formation and Operation

Special Partnership Issues

S Corporations

The Gift Tax

The Estate Tax

Income Taxation of Trusts and Estates

Administrative Procedures

Tax Deductions and Travel Expenses for Employees and Self-Employed Individuals

Filters