Exam 8: Other Tax Services and Tax Periodicals

Tax Journals published for the purpose of keeping tax practitioners abreast of current changes and trends in the tax law are referred toas Professional Notes.

Free

(True/False)

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Question 1

Correct Answer:

Verified

False

What are some of BNA's publications? Describe each briefly.

Free

(Essay)

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Question 2

Correct Answer:

Verified

One of the most important tax newsletters available topractitioners is the BNA Daily Tax Report (DTR). DTR is available online; through wireless devices, including iPhones; and in hard copy. Subscribers may alsoreceive notification of breaking tax news as soon as it occurs with DTR real time e-mail alerts. Showing both breadth in coverage and a quality of analysis similar tothe Tax Analysts TNT, DTR offers up-to-date information concerning statutory, administrative, and judicial tax law developments that affect state, federal, and international taxation. In addition, the newsletter contains interviews with governmental officials, articles reviewing current events, and the full text of key documents discussed in the newsletter. Some of these documents are not available from other tax services. Monthly and quarterly indexes are provided.

Like BNA, Westlaw is accessible via the Internet and through wireless mobile devices.

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(True/False)

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Question 3

Correct Answer:

Verified

True

Why might some researchers find the citators in Westlaw or Shepard's superior tothose found in Checkpoint or AnswerConnect?

(Essay)

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Question 4

The collection of papers, seminars, lectures, panel discussions, and demonstrations presented at yearly conferences of tax professionals is called the:

(Multiple Choice)

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Question 5

The search that uses the West Key Numbering System, which organizes key issues found in court cases intohundreds of numbered topics, is called:

(Multiple Choice)

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Question 6

How is each BNA Portfolioarranged?

(Essay)

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Question 7

All major tax services include a publication as part of their service aimed at keeping the subscriber abreast of important tax law developments. These publications are called Newsletters.

(True/False)

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Question 8

The process of evaluating the validity of a case and locating additional authority often is called:

(Multiple Choice)

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Question 9

Realizing how important tax research has become, LexisNexis developed a service exclusively for tax practitioners called the Lexis Advance Tax.

(True/False)

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Question 10

BNA provides a State Tax Series of portfolios organized by individual state rather than by state tax issues.

(True/False)

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Question 11

The citation for a printed tax journal article should take the following standard format: Sanders, Debra, Susan Gill, and Jill Zuber. 2009. Deductibility of bankruptcy costs and the origin of the claim. The Tax Advisor 40 (8): at 528.

(True/False)

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Question 12

What are KeySearch and the West Key Number System?

(Essay)

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Question 13

Today, BNA is owned by Bloomberg, provides 350 news services, and is the largest independent publisher of business and government analysis for professionals.

(True/False)

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Question 14

Possibly the world's largest full-text information resource, accessible through mobile devices as well as conventional personal computers, is called:

(Multiple Choice)

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Question 15

The research source available in Westlaw that is very effective for validating statutes, regulations, and administrative rulings is called a(n):

(Multiple Choice)

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Question 16

The West Group, an authoritative legal publisher, offers tax research capabilities through its Westlaw and WestlawNext services. These services were designed by attorneys, for attorneys.

(True/False)

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(83)

Question 17

The service that presents the practitioner with databases that include primary sources and analytical materials is called:

(Multiple Choice)

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Question 18

The BNA Portfolios can be accessed directly by clicking on the headings under:

(Multiple Choice)

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Question 19

In addition tothe portfolios, BNA alsooffers the following source(s):

(Multiple Choice)

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Question 20

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Tax Journals published for the purpose of keeping tax practitioners abreast of current changes and trends in the tax law are referred toas Professional Notes.

What are some of BNA's publications? Describe each briefly.

Like BNA, Westlaw is accessible via the Internet and through wireless mobile devices.

Why might some researchers find the citators in Westlaw or Shepard's superior tothose found in Checkpoint or AnswerConnect?

The collection of papers, seminars, lectures, panel discussions, and demonstrations presented at yearly conferences of tax professionals is called the:

The search that uses the West Key Numbering System, which organizes key issues found in court cases intohundreds of numbered topics, is called:

How is each BNA Portfolioarranged?

All major tax services include a publication as part of their service aimed at keeping the subscriber abreast of important tax law developments. These publications are called Newsletters.

The process of evaluating the validity of a case and locating additional authority often is called:

Realizing how important tax research has become, LexisNexis developed a service exclusively for tax practitioners called the Lexis Advance Tax.

BNA provides a State Tax Series of portfolios organized by individual state rather than by state tax issues.

The citation for a printed tax journal article should take the following standard format: Sanders, Debra, Susan Gill, and Jill Zuber. 2009. Deductibility of bankruptcy costs and the origin of the claim. The Tax Advisor 40 (8): at 528.

What are KeySearch and the West Key Number System?

Today, BNA is owned by Bloomberg, provides 350 news services, and is the largest independent publisher of business and government analysis for professionals.

Possibly the world's largest full-text information resource, accessible through mobile devices as well as conventional personal computers, is called:

The research source available in Westlaw that is very effective for validating statutes, regulations, and administrative rulings is called a(n):

The West Group, an authoritative legal publisher, offers tax research capabilities through its Westlaw and WestlawNext services. These services were designed by attorneys, for attorneys.

The service that presents the practitioner with databases that include primary sources and analytical materials is called:

The BNA Portfolios can be accessed directly by clicking on the headings under:

In addition tothe portfolios, BNA alsooffers the following source(s):

Introduction Totax Practice and Ethics

Tax Research Methodology

Constitutional and Legislative Sources

Administrative Regulations and Rulings

Judicial Interpretations

Thomson Reuters Checkpoint

CCH Intelliconnect

Multijurisdictional Taxes

Communicating Research Results

Tax Planning

Working With the IRS

Tax Practice and Administration

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