Exam 5: Tax Research

Locate the revenue procedure that includes the inflation-adjusted individual tax rate schedules for 2016. This revenue procedure usually is released in the fourth quarter of the previous year. Provide a complete citation for your source.

Which of the following statements regarding strategies to locate relevant authority is true?

Which of the following statements regarding administrative authorities is false?

A revenue ruling cannot be relied on as authority by any taxpayer other than the taxpayer for whom the ruling was issued.

Tax services are typically organized either topically or by Code section.

Which of the following is not administrative authority?

Novice tax researchers tend to exam less material in the course of a tax research project than experienced tax researchers.

Tax research typically occurs as part of the tax compliance process; it is rarely important in tax planning.

When performing step one of the tax research process:

The use of secondary authorities might be appropriate as part of which step in the research process?

The advantages of electronic tax research libraries do not include:

Which of the following is a proper citation to a revenue ruling?

Which of the following is not primary authority on which to base tax research conclusions?

Which of the following statements regarding secondary authorities is false?

Which of the following is not a secondary authority?

Which of the following is not primary authority on which to base research conclusions?

Step 4 of the tax research process is to repeat steps 1 through 3 as many times as necessary.

Which of the following statements regarding commercial tax services is false?

Which of the following is not a commercial tax service?

In the citation Rev. Proc. 2002-32, 2002-1 C.B. 959, the abbreviation C.B. refers to Congressional Bulletin.