Question 1

Unlike determination letters,letter rulings are issued by the National Office of the IRS.

Accepted Answer

A) True 
 B)False

Question 2

Which trial court has 16 judges?

Accepted Answer

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

Question 3

Revenue Procedures deal with the internal management practices and procedures of the IRS.

Accepted Answer

A) True 
 B)False

Question 4

Treasury Decisions are issued by the Treasury Department to promulgate new Regulations.

Accepted Answer

A) True 
 B)False

Question 5

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.

Accepted Answer

A) True 
 B)False

Question 6

Arizona is in the jurisdiction of the First Circuit Court of Appeals.

Accepted Answer

A) True 
 B)False

Question 7

Identify the number of the Court(s) of Federal Claims?

Accepted Answer

A)  1.
B)  3.
C)  16.
D)  19.
E)  None of the above is correct.F) C) and E)
G) A) and E)

Question 8

When dealing with proposed transactions,the tax research process is directed toward the determination of possible alternative consequences.

Accepted Answer

A) True 
 B)False

Question 9

Neither the 1939 nor the 1954 Code substantially changed the tax law existing on the date of its enactment.

Accepted Answer

A) True 
 B)False

Question 10

IRS agents must give the Code and Regulations issued thereunder equal weight when dealing with taxpayers and their representatives.

Accepted Answer

A) True 
 B)False

Question 11

Interpretive Regulations have the force and effect of law.

Accepted Answer

A) True 
 B)False

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

Texas is in the jurisdiction of the Second Circuit Court of Appeals.

Accepted Answer

A) True 
 B)False

Question 14

Which is not a Code section number?

Accepted Answer

A)  § 212(1) .
B)  § 2(a) (1) .
C)  § 280B.
D)  § 6(a) .
E)  All are current Code sections.F) B) and C)
G) All of the above

Question 15

Which of the following is not an administrative source of the tax law?

Accepted Answer

A)  General Counsel Memoranda.
B)  Revenue Procedures.
C)  Technical Advice Memoranda.
D)  Actions on Decisions.
E)  All of the above are administrative sources.F) A) and B)
G) A) and E)

Question 16

Proposed Regulations have the force and effect of law.

Accepted Answer

A) True 
 B)False

Question 17

Which of the following statements about an acquiescence is correct?

Accepted Answer

A)  An acquiescence is issued in the Federal Registrar.
B)  Acquiescences are published only for certain regular decisions of the U.S.Tax Court.
C)  An acquiescence is published in the Internal Revenue Bulletin.
D)  The IRS does not issue acquiescences to adverse decisions that are not appealed.
E)  All of the above are correct.F) B) and D)
G) B) and E)

Question 18

The term "respondent" is a synonym for defendant.

Accepted Answer

A) True 
 B)False

Exam 2: Working With the Tax Law

Arizona is in the jurisdiction of the First Circuit Court of Appeals.

Correct Answer
verified

Unlike determination letters,letter rulings are issued by the National Office of the IRS.

Correct Answer
verified

Interpretive Regulations have the force and effect of law.

Correct Answer
verified

Texas is in the jurisdiction of the Second Circuit Court of Appeals.

Correct Answer
verified

Which trial court has 16 judges?

Correct Answer
verified

Identify the number of the Court(s) of Federal Claims?

Correct Answer
verified

The term "respondent" is a synonym for defendant.

Correct Answer
verified

Proposed Regulations have the force and effect of law.

Correct Answer
verified

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

Correct Answer
verified

Which of the following is not an administrative source of the tax law?

Correct Answer
verified

Which is not a Code section number?

Correct Answer
verified

IRS agents must give the Code and Regulations issued thereunder equal weight when dealing with taxpayers and their representatives.

Correct Answer
verified

Revenue Procedures deal with the internal management practices and procedures of the IRS.

Correct Answer
verified

Treasury Decisions are issued by the Treasury Department to promulgate new Regulations.

Correct Answer
verified

Neither the 1939 nor the 1954 Code substantially changed the tax law existing on the date of its enactment.

Correct Answer
verified

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.

Correct Answer
verified

Which of the following statements about an acquiescence is correct?

Correct Answer
verified

When dealing with proposed transactions,the tax research process is directed toward the determination of possible alternative consequences.

Correct Answer
verified

Exam 2: Working With the Tax Law

Arizona is in the jurisdiction of the First Circuit Court of Appeals.

Correct AnswerverifiedShow Answer

Unlike determination letters,letter rulings are issued by the National Office of the IRS.

Correct AnswerverifiedShow Answer

Interpretive Regulations have the force and effect of law.

Correct AnswerverifiedShow Answer

Texas is in the jurisdiction of the Second Circuit Court of Appeals.

Correct AnswerverifiedShow Answer

Which trial court has 16 judges?

Correct AnswerverifiedShow Answer

Identify the number of the Court(s) of Federal Claims?

Correct AnswerverifiedShow Answer

The term "respondent" is a synonym for defendant.

Correct AnswerverifiedShow Answer

Proposed Regulations have the force and effect of law.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Which of the following is not an administrative source of the tax law?

Correct AnswerverifiedShow Answer

Which is not a Code section number?

Correct AnswerverifiedShow Answer

IRS agents must give the Code and Regulations issued thereunder equal weight when dealing with taxpayers and their representatives.

Correct AnswerverifiedShow Answer

Revenue Procedures deal with the internal management practices and procedures of the IRS.

Correct AnswerverifiedShow Answer

Treasury Decisions are issued by the Treasury Department to promulgate new Regulations.

Correct AnswerverifiedShow Answer

Neither the 1939 nor the 1954 Code substantially changed the tax law existing on the date of its enactment.

Correct AnswerverifiedShow Answer

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.

Correct AnswerverifiedShow Answer

Which of the following statements about an acquiescence is correct?

Correct AnswerverifiedShow Answer

When dealing with proposed transactions,the tax research process is directed toward the determination of possible alternative consequences.

Correct AnswerverifiedShow Answer

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