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Exam 2: Tax Compliance , the Irs, and Tax Authorities

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Question 21

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Tina has a very complex tax return and it looks like she will not be able to file her tax return by its due date. When is her tax return due? What are Tina's options for paying her tax due and filing her tax return this year? What are the consequences if Tina does not file or pay her tax timely? Be specific.

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Question 22

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An acquiescence indicates that the IRS lost a court case and that it has decided to follow the court's ruling in the future.

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B) False

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Question 23

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The "90-day" letter gives the taxpayer the opportunity to pay a proposed IRS tax adjustment or file a petition in the U.S. District Court to contest the adjustment and hear the case.

Revenue rulings and revenue procedures are examples of primary authorities.

Temporary Regulations have more authoritative weight than revenue rulings.

The "30-day" letter gives the taxpayer the opportunity to request an appeals conference or agree to a proposed IRS adjustment on the taxpayer's income tax return.

The Internal Revenue Code and tax treaties are examples of statutory authorities.

Jaime recently found a "favorable" trial level court opinion directly on point for her tax question. Which trial level court would she prefer to have issued the opinion?

Office examinations are the most common type of IRS audit.

Carey was researching a tax issue and located what appears to be a favorable IRS regulation. He knows that regulations serve different purposes and are issued in different forms. Which purpose and which form of regulation would provide Carey the most confidence that he has found an authority that carries a lot of weight for the long term? How could Carey check the status of this regulation?

Jeremy has a new client. He has identified a research question that relates to a transaction that the client completed several months ago. This type of research question will primarily involve:

The IRS DIF system checks each tax return for mathematical mistakes and errors.

Martin has never filed a 2016 tax return despite earning approximately $20,000 providing landscaping work in the community. In what tax year, will the statute of limitations expire for Martin's 2016 tax return?

As required by the Constitution, all tax bills are supposed to originate in the House of Representatives.

Rowanda could not settle her tax dispute with the IRS at the appeals conference. If she wants to litigate the issue but does not have sufficient funds to pay the proposed tax deficiency, Rowanda should litigate in the:

Which judicial doctrine means that a court will rule consistently with its previous rulings and the rulings of higher courts with appellate jurisdiction?

Which of the following is not a common method that the IRS uses to select returns for audit?

The tax return filing requirements for individual taxpayers only depend on the taxpayer's filing status.

An extension to file a tax return does not extend the due date for tax payments.

Which of the following has the highest authoritative weight?