Exam 2: Working With the Tax Law

The Golsen rule has been overturned by the U.S.Supreme Court.

Subchapter P refers to the "Partners and Partnerships" section of the Internal Revenue Code.

House members have considerable latitude to make amendments on the House floor.

Three judges will normally hear each U.S.Tax Court case.

A taxpayer must pay any tax deficiency assessed by the IRS and sue for a refund to bring suit in the U.S.District Court. Only in the Tax Court can jurisdiction be obtained without first paying the assessed tax deficiency.

Which items tell taxpayers the IRS's reaction to certain court decisions?

The Index to Federal Tax Articles (published by Warren, Gorham, and Lamont) is available in print and electronic formats.

The test for whether a child qualifies for dependency status is first conducted under the qualified child requirement.

The CPA examination is normally curved to produce a designated pass rate.

Which tax source may override a Regulation section?

The U.S.Tax Court meets most often in Washington, D.C.

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

Regulations are arranged in the same sequence as the Internal Revenue Code.

Technical Advice Memoranda may not be cited as precedents by taxpayers.

Which of the following journals is published by the American Institute of CPAs?

There are 11 geographic U.S.Circuit Court of Appeals.

Post-1984 letter rulings may be substantial authority for purposes of the accuracy-related penalty in § 6662.

The Internal Revenue Code was first codified in what year?

A professional must understand the relative weight of authority within the sources of tax law.

Which publisher offers Tax Center that provides the Code, Regulations, and material from Matthew Bender, CCH, Kleinrock, and the Bureau of National Affairs?