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Federal Tax Research
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Federal Tax Research
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Federal Tax Research
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TEST BANK FOR FEDERAL TAX RESEARCH 11th EDITION BY ROBY B. SAWYERS, STEVEN GILL COMPLETE CHAPTER 1-19 2024
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Solution Manual For Federal Tax Research, 13th Editionby Roby Sawyers, Steven Gill
Which of the following statements describes the tax research process?
a. It is strictly linear.
b. It requires mechanical skills combined with critical thinking.
c. It requires the ability to use complex mathematical techniques to identify and
locate tax authorities.
d. All of the above. - ANSWER:B
All of the following are goals of tax research EXCEPT?
a. to balance the need for efficiency against the need for thoroughness
b. to balance the client's tax goals with the client's nontax, personal considerations
c. to find a defensible solution to a client's problem
d. to find a perfect solution to a client's problem, no matter how long it takes -
ANSWER:D
Collateral estoppel is a legal concept which:
a. allows relitigation on the same facts or same issues
b. bars relitigation on the same facts or same issues
c. requires that the court resolve factual issues in a taxpayer's favor
d. none of the above - ANSWER:B
The first step in the tax research process is to:
a. establish the facts
b. identify the issues
c. locate authority
d. evaluate authority - ANSWER:A
Once the initial facts have been gathered and the issues defined, the tax researcher
must:
a. develop conclusions and recommendations
b. evaluate the authority
c. contact the IRS
d. locate the authority - ANSWER:D
In a closed-fact problem, the main goal of tax research is to:
, a. determine several alternative courses of future action for the taxpayer
b. find support for an action the taxpayer has already taken
c. both a and b
d. none of the above - ANSWER:B
The final step of the tax research process is to:
a. develop conclusions and recommendations
b. communicate recommendations
c. document conclusions and recommendations
d. litigate the tax-related dispute - ANSWER:B
Which of the following statements is CORRECT regarding computerized tax research?
a. The method of constructing queries is the same for all databases.
b. Most online/computer tax services allow the use of connectors and wild cards.
c. If a query generates too little information, the researcher should add more unique
keywords.
d. All of the above are correct. - ANSWER:B
Tax research issues can be divided in two main categories. These are:
a. fact and law issues
b. primary and secondary issues
c. major and minor issues
d. internal and external issues
e. tax and nontax issues - ANSWER:A
Which of the following are basic connectors you can use to construct a search query?
a. google
b. not
c. or
d. *
e. only b and c - ANSWER:E
Which of the following represents a law issue?
a. intent of the transaction
b. definition of a term used in the code
c. date of transaction
d. location of the transaction
e. all of the above - ANSWER:B
The amount of a transaction represents a:
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