Question 1

0 out of 1 points

Code Section 61 relates to:

Selected Answer:
deductions for adjusted gross income
Answers: deductions for adjusted gross income

the definition of gross income

corporate tax rates
the deduction
for state taxes
Question 2
1 out of 1 points

In
which of the following courts is a jury trial available?

Selected Answer:
U.S. District Courts
Answers:
U.S. District Courts
Tax Court
U.S. Court of Federal
Claims
All of the above.
Question 3
0 out of 1 points

A taxpayer who loses in the Small Cases Division of the Tax Court may appeal directly to the:

Selected Answer:
U.S. Court of Appeals in the taxpayers circuit.
Answers: Appellate division of the IRS.
District
Court in the taxpayers circuit.
U.S. Court of Appeals in the taxpayers circuit.

Decisions
in the Small Cases Division cannot be appealed.
Question 4
1 out of 1 points
 Tax journals perform which of the following functions:

Selected Answer:
keep researchers aware of current developments
Answers: offer researchers expert analysis of unclear tax issues

keep researchers aware of current developments

suggest tax planning techniques
all of the above
Question 5
1 out of 1 points

An appeal from the Tax Court is to the:

Selected Answer:
U.S. Court of Appeals where the taxpayer is located.
Answers:
U.S. Court of Appeals where the taxpayer is located.
District
Court where the taxpayer is located.
U.S. Court of Federal
Claims
Supreme
Court
Question 6
1 out of 1 points

Which statement
is CORRECT regarding Proposed Regulations?

Selected
Answer: Only (a) and (c) are correct.
Answers: They cannot become final until the expiration of at least 30 days after they are
published in proposed form.
The IRS cannot make changes to Proposed
Regulations before they become final.
The public must be given an opportunity to comment on Proposed Regulations before
they become final.

Only (a) and (c) are correct.

Question 7
0 out of 1 points
 An acquiescence indicates that a court decision will be:

Selected Answer:
followed in similar situations, even if it is adverse to the IRS.
Answers:
appealed by the IRS.
followed
in similar situations only if it favors the IRS.
followed in similar situations, even if it is adverse to the IRS.
ignored
by the IRS.
Question 8
1 out of 1 points

In Walter H. Johnson, 34 TCM 1056, 34 stands for the:

Selected Answer:
volume number
Answers: year of decision
page number

volume number
paragraph
number
Question 9
1 out of 1 points

The distinction between primary and secondary authority is important for which of the following reasons?

Selected Answer:
only a and b
Answers: to meet the accuracy threshold
of substantial authority.
to avoid penalties
under Section 6662 of the Code.
to search properly
with connectors and wildcards.

only a and b
Question 10
1 out of 1 points
 If you performed a natural language
search that returned 1000 documents, what could you do to narrow your search?

Selected Answer:
All of the above actions would help narrow the search results.
Answers: Reduce the number of databases searched.
Search within results.
Use terms and connectors
to better define the relationship between keywords.

All of the above actions would help narrow the search results.
Question 11
1 out of 1 points

A tax protester is:

Selected Answer:
all of the above
Answers: a person who files a frivolous return with the IRS
a person who brings a frivolous matter before the Tax Court
can be subject
to a penalty for frivolous
Tax Court petitions

all of the above

only a and b
Question 12
1 out of 1 points

A decision of which of the following court(s) cannot be found in RIA's American Federal Tax Reports
(AFTR or AFTR2d)?

Selected Answer:
the Tax Court
Answers: the District Courts

the Tax Court

the Supreme Court
the U.S. Court of Federal Claims
Only (b) and (c).
 Question 13
1 out of 1 points

The IRSs general authority to issue binding rules and regulations comes from which source?

Selected Answer:
A section of the Internal Revenue Code itself.
Answers: The United States Constitution
An Executive
Order of the President

A section of the Internal Revenue Code itself.

None of the above.
Question 14
1 out of 1 points

Which of the following is an administrative source of primary authority?

Selected Answer:
revenue rulings
Answers: U.S. Constitution
collected rulings of the various courts on Federal tax matters

revenue rulings
newsletters
Question 15
1 out of 1 points

Which of the following statements is INCORRECT with regard to IRS Revenue Rulings?

Selected Answer:
All of the above statements are correct.
Answers: 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 the IRS National Office.

All of the above statements are correct.

Question 16
1 out of 1 points
 Which of the following is a secondary
court reporter?

Selected Answer:
USTC
Answers:
USTC
U.S.
F.Supp.
F.2d.
None of the above.
Question 17
1 out of 1 points

Which of the following

IRS pronouncements has the highest weight of authority?

Selected Answer:
IRS Revenue Rulings
Answers:
IRS Revenue Rulings
IRS Taxpayer
Publications
IRS Announcements
All of the above IRS pronouncements have equal weight of authority.
Question 18
1 out of 1 points

Which of the following

Regulations bears the greatest precedential value?

Selected Answer:
Legislative Regulations
Answers:
Legislative Regulations
Proposed
Regulations
General
Regulations
Income Tax Regulations
Question 19
1 out of 1 points
 The amount of a transaction represents a:

Selected Answer:
fact issue
Answers: law issue
social issue

fact issue
political issue
Question 20
1 out of 1 points

The service LexisNexis offers to academic institutions and public libraries which is a customized
version of its services is called:

Selected Answer:
LexisNexis Academic.
Answers: Lexis Nexis.
Tax Center.
KeySearch

LexisNexis Academic.
Wednesday, October 25, 2017 12:29:03 A