Question 1

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.

Accepted Answer

A) True 
 B)False  False

Question 2

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

Accepted Answer

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.

Question 3

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

Accepted Answer

A) True 
 B)False  True

Question 4

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

Accepted Answer

The answer of Why might some researchers find the citators...

Question 5

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

Accepted Answer

A)  annual proceedings
B)  annual webinars
C)  annual awards
D)  annual law news

Question 6

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

Accepted Answer

A)  KeyCite
B)  KeySearch
C)  WestlawNext
D)  Keyword Search

Question 7

How is each BNA Portfolioarranged?

Accepted Answer

The answer of How is each BNA Portfolioarranged?...

Question 8

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.

Accepted Answer

A) True 
 B)False

Question 9

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

Accepted Answer

A)  analyzing
B)  primary researching
C)  citating
D)  shepardizing

Question 10

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

Accepted Answer

A) True 
 B)False

Question 11

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

Accepted Answer

A) True 
 B)False

Question 12

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.

Accepted Answer

A) True 
 B)False

Question 13

What are KeySearch and the West Key Number System?

Accepted Answer

The answer of What are KeySearch and the West Key...

Question 14

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

Accepted Answer

A) True 
 B)False

Question 15

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

Accepted Answer

A)  BNA Bloomberg
B)  Westlaw
C)  LexisNexis
D)  CCH

Question 16

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

Accepted Answer

A)  keyword
B)  citator
C)  inciter
D)  searcher

Question 17

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.

Accepted Answer

A) True 
 B)False

Question 18

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

Accepted Answer

A)  Lexis Advance Tax
B)  Sources Unlimited
C)  Federal Topical
D)  Business and News

Question 19

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

Accepted Answer

A)  Cases and Decisions
B)  Practice Tools
C)  Expert Analysis
D)  Indexes and Finding Aids

Question 20

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

Accepted Answer

A)  expert analysis
B)  events and training
C)  cases and decisions
D)  all of these are correct

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.

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) :