Question 1
2 / 2 pts
The U.S. Constitution is a statutory source of tax law.
True
False
Question 2
2 / 2 pts
Tax researchers should not consider the client’s potential liability in determining how much time to spend
on a client’s problem.
True
False
Question 3
2 / 2 pts
Treaties may expire because of a specific Congressional time limitation.
True
False
Question 4
2 / 2 pts
Tax treaties are agreements negotiated between countries concerning the treatment of entities subject to
tax in both countries.
True
False
Question 5
2 / 2 pts
The IRS, under no circumstances, has the authority to decline to issue Letter Rulings.
True
False
Question 6
2 / 2 pts
The Internal Revenue Bulletin also is published in twice-yearly, bound volumes as the Cumulative
Bulletin.
True
False
Question 7
2 / 2 pts
The CCH Citator lists journal articles published by WG&L.
True
False
Question 8
2 / 2 pts
A typical IntelliConnect subscription will contain a maximum of two editorial sources of interest: U.S.
Master Tax Guide and Standard Federal Tax Reporter.
True
False
Question 9
2 / 2 pts
The Small Cases Division of the Tax Court can hear only cases involving a disputed deficiency, including
penalties, of $15,000 or less.
True
False
Question 10
2 / 2 pts
The two levels of appellate courts in the federal court system are the U.S. Courts of Appeals and the U.S.
Supreme Court.
True
False
Question 11
2 / 2 pts
The amount of a transaction represents a:
law issue
social issue
fact issue
political issue
Question 12
2 / 2 pts
Tax journals perform which of the following functions:
offer researchers expert analysis of unclear tax issues
keep researchers aware of current developments
suggest tax planning techniques
all of these are correct
Question 13
2 / 2 pts
Tax research issues can be divided into two main categories. These are:
fact and law issues
primary and secondary issues
major and minor issues
internal and external issues
tax and nontax issues
Question 14
2 / 2 pts
P.L. 107-16 is the citation for:
the Conference report on the 16th public law enacted in the 107th Congress
the 16th public law enacted in the 107th Congress
a public law enacted by Congress but not signed by the President
none of these are correct
Question 15
2 / 2 pts
The overriding purpose of tax treaties is to:
create "tax havens"
minimize tax liability of multinational corporations
require business taxpayers to file returns in all countries in which they operate
eliminate the "double taxation" that a taxpayer would face if his or her income were subject to tax in both
countries
Question 16
2 / 2 pts
Regarding the taxing powers of the federal government, the U.S. Constitution requires that:
taxes imposed by Congress must apply uniformly throughout the United States
no direct taxes may be imposed on income
all revenues from the federal income tax must be apportioned to the population of the states from which
they were collected
all of these are correct
Question 17
2 / 2 pts
Which of the following statements is INCORRECT with regard to IRS Revenue Rulings?
Revenue Rulings apply the Code and Regulations to a specific factual situation.
Revenue Rulings are published chiefly to give guidance to taxpayers.
A Revenue Ruling is an official pronouncement of Congress.
All of these are correct.
Question 18
2 / 2 pts
The IRS’s general authority to issue binding rules and regulations comes from which source?
the U.S. Constitution
an Executive Order of the President
a section of the Internal Revenue Code itself
none of these are correct
Question 19
2 / 2 pts
Which of the following Regulations deals with estate taxes?
Reg. §1.162-21(a)(2)
Reg. §20.2503-4
Reg. §1.6662-5T
Reg. §31.3121(a)-2
None of these are correct.
Question 20
2 / 2 pts
What is the starting point in approaching any tax research problem?
Form a conclusion.
Interpret editorial data.
Identify issues associated with the questions.
Access IntelliConnect.
Question 21
2 / 2 pts
Why do tax practitioners use a commercial tax service when most primary sources are available for free
on the Internet?
Commercial tax services provide editorial explanations and expert analysis of primary tax law.
Practitioners are able to provide faster, more accurate solutions to clients' tax problems.
Tax services facilitate more efficient, effective, and comprehensive searches.
Commercial tax services organize tax law source materials into a single database system.
All of these are correct.
Question 22
2 / 2 pts
A broad knowledge of tax law, a reasonable level of experience, and persistence are necessary for:
passing the Bar Exam
looking at Google
researching the tax law
contracting tax law researchers
Question 23
2 / 2 pts
Which reporter is the official, government reporter for U.S. Supreme Court tax cases?
S.Ct.
U.S.
AFTR2d
The government does not print Supreme Court cases.
Question 24
2 / 2 pts
Which of the following statements is INCORRECT regarding headnotes and case briefs?
Headnotes are usually inserted at the beginnig of a case by the court reporter editors.
Headnotes help researchers quickly determine if a case is relevant.
Case briefs are a summary of a case identifying the facts, issue, holding and analysis.
All of the above statements are correct.
Question 25
2 / 2 pts
Which statement is CORRECT regarding the United States Tax Court?
