Question 1

Which tax-related website probably gives the best policy-orientation results?

Accepted Answer

A)  taxalmanac.org.
B)  irs.gov.
C)  taxsites.com.
D)  taxanalyst.com.
E)  ustaxcourt.gov.F) A) and D)
G) All of the above

Question 2

Federal tax legislation generally originates in what body?

Accepted Answer

A)  Internal Revenue Service.
B)  Senate Finance Committee.
C)  House Ways and Means Committee.
D)  Senate Floor.
E)  None of the above.F) C) and D)
G) B) and C)

Question 3

The IRS will not acquiesce to the following tax decisions:

Accepted Answer

A)  U.S.District Court.
B)  U.S.Tax Court.
C)  U.S.Court of Federal Claims.
D)  Small Case Division of the U.S.Tax Court.
E)  All of the above.F) All of the above
G) A) and B)

Question 4

The term "petitioner" is a synonym for "defendant."

Accepted Answer

A) True 
 B)False

Question 5

A Revenue Ruling is a judicial source of Federal tax law.

Accepted Answer

A) True 
 B)False

Question 6

The research process should begin with a tax service.

Accepted Answer

A) True 
 B)False

Question 7

Determination letters usually involve finalized transactions.

Accepted Answer

A) True 
 B)False

Question 8

Subchapter D refers to the "Corporate Distributions and Adjustments" section of the Internal Revenue Code.

Accepted Answer

A) True 
 B)False

Question 9

If a taxpayer decides not to pay a tax deficiency,he or she must go to which court?

Accepted Answer

A)  Appropriate U.S.Circuit Court of Appeals.
B)  U.S.District Court.
C)  U.S.Tax Court.
D)  U.S.Court of Federal Claims.
E)  None of the above.F) None of the above
G) A) and B)

Question 10

The Internal Revenue Code was first codified in what year?

Accepted Answer

A)  1913.
B)  1923.
C)  1939.
D)  1954.
E)  1986.F) None of the above
G) A) and B)

Question 11

Which publisher offers the United States Tax Reporter?

Accepted Answer

A)  Research Institute of America.
B)  Commerce Clearing House.
C)  LexisNexis.
D)  Tax Analysts.
E)  None of the above.F) A) and C)
G) B) and C)

Question 12

The granting of a Writ of Certiorari indicates that at least four members of the Supreme Court believe that an issue is of sufficient importance to be heard by the full court.

Accepted Answer

A) True 
 B)False

Exam 2: Working With the Tax Law

The granting of a Writ of Certiorari indicates that at least four members of the Supreme Court believe that an issue is of sufficient importance to be heard by the full court.

Correct Answer
verified

The research process should begin with a tax service.

Correct Answer
verified

Which publisher offers the United States Tax Reporter?

Correct Answer
verified

Which tax-related website probably gives the best policy-orientation results?

Correct Answer
verified

A Revenue Ruling is a judicial source of Federal tax law.

Correct Answer
verified

If a taxpayer decides not to pay a tax deficiency,he or she must go to which court?

Correct Answer
verified

The IRS will not acquiesce to the following tax decisions:

Correct Answer
verified

Determination letters usually involve finalized transactions.

Correct Answer
verified

Federal tax legislation generally originates in what body?

Correct Answer
verified

The term "petitioner" is a synonym for "defendant."

Correct Answer
verified

Subchapter D refers to the "Corporate Distributions and Adjustments" section of the Internal Revenue Code.

Correct Answer
verified

The Internal Revenue Code was first codified in what year?

Correct Answer
verified

Exam 2: Working With the Tax Law

The granting of a Writ of Certiorari indicates that at least four members of the Supreme Court believe that an issue is of sufficient importance to be heard by the full court.

Correct AnswerverifiedShow Answer

The research process should begin with a tax service.

Correct AnswerverifiedShow Answer

Which publisher offers the United States Tax Reporter?

Correct AnswerverifiedShow Answer

Which tax-related website probably gives the best policy-orientation results?

Correct AnswerverifiedShow Answer

A Revenue Ruling is a judicial source of Federal tax law.

Correct AnswerverifiedShow Answer

If a taxpayer decides not to pay a tax deficiency,he or she must go to which court?

Correct AnswerverifiedShow Answer

The IRS will not acquiesce to the following tax decisions:

Correct AnswerverifiedShow Answer

Determination letters usually involve finalized transactions.

Correct AnswerverifiedShow Answer

Federal tax legislation generally originates in what body?

Correct AnswerverifiedShow Answer

The term "petitioner" is a synonym for "defendant."

Correct AnswerverifiedShow Answer

Subchapter D refers to the "Corporate Distributions and Adjustments" section of the Internal Revenue Code.

Correct AnswerverifiedShow Answer

The Internal Revenue Code was first codified in what year?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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