Question 1

What is the purpose of a citator?

Accepted Answer

Citators give a history of the

Question 2

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 citation Cristofani,97 T.C.74 (1991)indicates that the decision is a regular decision of the Tax Court. 
C) 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. 
D) The Board of Tax Appeals preceded the Tax Court. 
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 citation Cristofani,97 T.C.74 (1991)indicates that the decision is a regular decision of the Tax Court. 
C) 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. 
D) The Board of Tax Appeals preceded the Tax Court.

Question 3

Final regulations have almost the same legislative weight as the IRC.

Accepted Answer

A) True 
 B)False

Question 4

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

Accepted Answer

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

Question 5

Indicate which courts decided the case cited below.Also indicate on which pages and in which publications the authority is reported.
U.S.v.Maclin P.Davis,397 U.S.301,25AFTR 2d 70-827,70-1 USTC &9289 (1970).

Accepted Answer

This case appears in Vol.397,page 301,of

Question 6

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

Accepted Answer

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

Question 7

A client wants to take a tax return position with less than a 10% probability of being upheld in court.The CPA should

Accepted Answer

A) take the client's desired position,but not sign the tax return. 
B) inform the client that the position does not have a realistic possibility of success. 
C) ask the client to sign a waiver of his right to sue the CPA in the event the IRS disallows the position. 
D) take the client's desired position and sign the return as usual. 
A) take the client's desired position,but not sign the tax return. 
B) inform the client that the position does not have a realistic possibility of success. 
C) ask the client to sign a waiver of his right to sue the CPA in the event the IRS disallows the position. 
D) take the client's desired position and sign the return as usual.

Question 8

A tax bill introduced in the House of Representatives is then

Accepted Answer

A) referred to the House Ways and Means Committee for hearings and approval. 
B) referred to the entire House for hearings. 
C) voted upon by the entire House. 
D) forwarded to the Senate Finance Committee for consideration. 
A) referred to the House Ways and Means Committee for hearings and approval. 
B) referred to the entire House for hearings. 
C) voted upon by the entire House. 
D) forwarded to the Senate Finance Committee for consideration.

Question 9

The acquiescence policy of the IRS extends to the

Accepted Answer

A) U)S.Supreme Court decisions. 
B) U)S.Tax Court regular decisions. 
C) U)S.District Court decisions. 
D) both B and C 
A) U)S.Supreme Court decisions. 
B) U)S.Tax Court regular decisions. 
C) U)S.District Court decisions. 
D) both B and C

Question 10

Which of the following statements regarding proposed regulations is not correct?

Accepted Answer

A) Proposed regulations expire after three years. 
B) Practitioners and other interested parties may comment on proposed regulations. 
C) Proposed and temporary regulations are generally issued simultaneously. 
D) Proposed regulations do not provide any insight into the IRS's interpretation of the tax law. 
A) Proposed regulations expire after three years. 
B) Practitioners and other interested parties may comment on proposed regulations. 
C) Proposed and temporary regulations are generally issued simultaneously. 
D) Proposed regulations do not provide any insight into the IRS's interpretation of the tax law.

Question 11

What is the difference between a taxpayer-requested letter ruling and a technical advice memorandum issued as a letter ruling?

Accepted Answer

A taxpayer-requested letter ru

Question 12

Which of the following citations denotes a regular decision of the Tax Court?

Accepted Answer

A) 41 TCM 1272 
B) 35 T.C.1083 (2003) 
C) 39 AFTR 2d 77-640 
D) all of the above 
A) 41 TCM 1272 
B) 35 T.C.1083 (2003) 
C) 39 AFTR 2d 77-640 
D) all of the above

Question 13

Taxpayers must pay the disputed tax prior to filing a case with the Tax Court.

Accepted Answer

A) True 
 B)False

Question 14

Identify which of the following statements is false.

Accepted Answer

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

Question 15

A revenue ruling is issued by the Internal Revenue Service only in response to a verbal inquiry by a taxpayer.

Accepted Answer

A) True 
 B)False

Question 16

Tax Court memorandum decisions

Accepted Answer

A) cannot be appealed. 
B) are not published. 
C) have less precedential value than regular decisions. 
D) usually deal with factual variations of issues litigated previously. 
A) cannot be appealed. 
B) are not published. 
C) have less precedential value than regular decisions. 
D) usually deal with factual variations of issues litigated previously.

Question 17

In which courts may litigation dealing with tax matters begin? Discuss the factors that might be considered in deciding where to begin litigation.

Accepted Answer

The Tax Court,the U.S.Court of Federal C

Question 18

Title 26 of the U.S.Code includes

Accepted Answer

A) income tax legislation only. 
B) gift tax and estate tax legislation only. 
C) alcohol and tobacco tax legislation only. 
D) all of the tax legislation mentioned above. 
A) income tax legislation only. 
B) gift tax and estate tax legislation only. 
C) alcohol and tobacco tax legislation only. 
D) all of the tax legislation mentioned above.

Question 19

Explain the legislative reenactment doctrine.

Accepted Answer

Under the legislative reenactment doctri

Question 20

Identify which of the following statements is false.

Accepted Answer

A) Citations to the AFTR and the USTC are referred to as secondary citations. 
B) A circuit court of appeals must follow the opinion of another circuit court of appeals if the latter appeals court has previously ruled on the tax issue. 
C) A U.S.Supreme Court opinion in a tax matter has the same status as Congressional tax legislation. 
D) Circuit Court decisions are reported in the Federal Reporter. 
A) Citations to the AFTR and the USTC are referred to as secondary citations. 
B) A circuit court of appeals must follow the opinion of another circuit court of appeals if the latter appeals court has previously ruled on the tax issue. 
C) A U.S.Supreme Court opinion in a tax matter has the same status as Congressional tax legislation. 
D) Circuit Court decisions are reported in the Federal Reporter.

What is the purpose of a citator?

Identify which of the following statements is false.

Final regulations have almost the same legislative weight as the IRC.

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

Indicate which courts decided the case cited below.Also indicate on which pages and in which publications the authority is reported. U.S.v.Maclin P.Davis,397 U.S.301,25AFTR 2d 70-827,70-1 USTC &9289 (1970).

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

A client wants to take a tax return position with less than a 10% probability of being upheld in court.The CPA should

A tax bill introduced in the House of Representatives is then

The acquiescence policy of the IRS extends to the

Which of the following statements regarding proposed regulations is not correct?

What is the difference between a taxpayer-requested letter ruling and a technical advice memorandum issued as a letter ruling?

Which of the following citations denotes a regular decision of the Tax Court?

Taxpayers must pay the disputed tax prior to filing a case with the Tax Court.

Identify which of the following statements is false.

A revenue ruling is issued by the Internal Revenue Service only in response to a verbal inquiry by a taxpayer.

Tax Court memorandum decisions

In which courts may litigation dealing with tax matters begin? Discuss the factors that might be considered in deciding where to begin litigation.

Title 26 of the U.S.Code includes

Explain the legislative reenactment doctrine.

Identify which of the following statements is false.

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

US Corporations

The Gift Tax

The Estate Tax

Income Taxation of Trusts and Estates

Administrative Procedures

Us Taxation of Foreign-Related Transactions

Filters

Exam 1: Tax Research

What is the purpose of a citator?

Identify which of the following statements is false.

Final regulations have almost the same legislative weight as the IRC.

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

Indicate which courts decided the case cited below.Also indicate on which pages and in which publications the authority is reported. U.S.v.Maclin P.Davis,397 U.S.301,25AFTR 2d 70-827,70-1 USTC &9289 (1970).

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

A client wants to take a tax return position with less than a 10% probability of being upheld in court.The CPA should

A tax bill introduced in the House of Representatives is then

The acquiescence policy of the IRS extends to the

Which of the following statements regarding proposed regulations is not correct?

What is the difference between a taxpayer-requested letter ruling and a technical advice memorandum issued as a letter ruling?

Which of the following citations denotes a regular decision of the Tax Court?

Taxpayers must pay the disputed tax prior to filing a case with the Tax Court.

Identify which of the following statements is false.

A revenue ruling is issued by the Internal Revenue Service only in response to a verbal inquiry by a taxpayer.

Tax Court memorandum decisions

In which courts may litigation dealing with tax matters begin? Discuss the factors that might be considered in deciding where to begin litigation.

Title 26 of the U.S.Code includes

Explain the legislative reenactment doctrine.

Identify which of the following statements is false.

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

US Corporations

The Gift Tax

The Estate Tax

Income Taxation of Trusts and Estates

Administrative Procedures

Us Taxation of Foreign-Related Transactions

Filters