,DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2017 8thEditio
g g g g g g g g g g g
n Spilker g
Chapter 02 g g
Tax Compliance, the IRS, and Tax Authorities
g g g g g g
Trueg/gFalsegQuestions
1. Corporationsgaregrequiredgtogfilegagtaxgreturngannuallygregardlessgofgtheirgtaxablegincome.
True False
2. Thegtaxgreturngfilinggrequirementsgforgindividualgtaxpayersgonlygdependgongthegtaxpayer'sgfilingg
status.
True False
3. Ifgagtaxpayergisgduegagrefund,gshegdoesgnotghavegtogfilegagtaxgreturn.
True False
4. IfgAprilg15thgfallsgongagSaturday,gthegduegdategforgindividualgtaxgreturnsgwillgbegongMonday,gAprilg
17th.
True False
5. Ifgangindividualgtaxpayergisgunablegtogfilegagtaxgreturngbygitsgoriginalgduegdate,gthegtaxpayergcan
requestgangautomaticg9-monthgextensiongtogfilegthegreturn.
g
True False
6. Angextensiongtogfilegagtaxgreturngdoesgnotgextendgthegduegdategforgtaxgpayments.
True False
2-1
Copyrightg©g2017gMcGraw-
HillgEducation.gAllgrightsgreserved.gNogreproductiongorgdistributiongwithoutgthegpriorgwrittengconsentgofgMcGraw-HillgEducation.
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,DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2017 8thEditio
g g g g g g g g g g g
n Spilker g
7. ThegstatutegofglimitationsgforgIRSgassessmentggenerallygendsgfourgyearsgaftergthegdategagtaxgreturn
is filed.
g g
True False
8. Forgfraudulentgtaxgreturns,gthegstatutegofglimitationsgforgIRSgassessmentgisgtengyears.
True False
9. ThegIRSgDIFgsystemgchecksgeachgtaxgreturngforgmathematicalgmistakesgandgerrors.
True False
10. Joelgreportedgaghighgamountgofgcharitablegcontributionsgasgagdeductiongonghisgindividualgtaxgreturn
relativegtogtaxpayersgwithgsimilargincomeglevels.gTheginformationgmatchinggprogramgisgthegIRSgpro
g
gramgmostglikelygtogidentifygJoel'sgtaxgreturngforgaudit.
True False
11. OfficegexaminationsgaregthegmostgcommongtypegofgIRSgaudit.
True False
12. ThegthreegbasicgtypesgofgIRSgexaminationsgaregcomputergexams,gofficegexams,gandgbusinessg
exams.
True False
13. Theg"30-
day"gletterggivesgthegtaxpayergthegopportunitygtogrequestgangappealsgconferencegorgagreegtogagprop
osedgIRSgadjustmentgongthegtaxpayer'sgincomegtaxgreturn.
True False
2-2
Copyrightg©g2017gMcGraw-
HillgEducation.gAllgrightsgreserved.gNogreproductiongorgdistributiongwithoutgthegpriorgwrittengconsentgofgMcGraw-HillgEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2017 8thEditio
g g g g g g g g g g g
n Spilker g
14. Theg"90-
day"gletterggivesgthegtaxpayergthegopportunitygtogpaygagproposedgIRSgtaxgadjustmentgorgfilegagpet
itiongingthegU.S.gDistrictgCourtgtogcontestgthegadjustmentgandgheargthegcase.
True False
15. Ifgagtaxpayerghasglittlegcashgandgagverygtechnicalgtaxgcasegthatgshegfeelsgverygstronglygthatgthegtaxg
rulesgareg"onghergside,"gshegshouldgprefergtoghaveghergcasegtriedgingthegU.S.gTaxgCourt.
True False
16. Ingresearchinggagtaxgissue,gEricgfindsgthatgthegU.S.gCircuitgCourtgofgAppealsgforgthegFederalgCircuit
previouslyghasgruledgingfavorgofghisgtaxgposition,gwhereasgtheg11thgCircuitg(Eric'sgcircuit)gpreviouslyg
g
hasgruledgagainstghisgtaxgposition.gIfgEricgisgcontemplatingglitigatingghisgtaxgpositiongwithgthegIRS,g
hegshouldgprefergtoghaveghisgcasegfirstgtriedgbygthegU.S.gTaxgCourt.
True False
17. IfgagtaxpayerglosesgagcasegatgthegCircuitgCourtglevel,ghegisggrantedgangautomaticgappealghearing
withgthegSupremegCourt.
g
True False
18. Secondarygauthoritiesgaregofficialgsourcesgofgthegtaxglawgwithgaglesserg"weight"gthangprimaryg
authorities.
True False
19. Revenuegrulingsgandgrevenuegproceduresgaregexamplesgofgprimarygauthorities.
True False
20. ThegInternalgRevenuegCodegandgtaxgtreatiesgaregexamplesgofgstatutorygauthorities.
True False
2-3
Copyrightg©g2017gMcGraw-
HillgEducation.gAllgrightsgreserved.gNogreproductiongorgdistributiongwithoutgthegpriorgwrittengconsentgofgMcGraw-HillgEducation.
mynursytest.store
g g g g g g g g g g g
n Spilker g
Chapter 02 g g
Tax Compliance, the IRS, and Tax Authorities
g g g g g g
Trueg/gFalsegQuestions
1. Corporationsgaregrequiredgtogfilegagtaxgreturngannuallygregardlessgofgtheirgtaxablegincome.
True False
2. Thegtaxgreturngfilinggrequirementsgforgindividualgtaxpayersgonlygdependgongthegtaxpayer'sgfilingg
status.
True False
3. Ifgagtaxpayergisgduegagrefund,gshegdoesgnotghavegtogfilegagtaxgreturn.
True False
4. IfgAprilg15thgfallsgongagSaturday,gthegduegdategforgindividualgtaxgreturnsgwillgbegongMonday,gAprilg
17th.
True False
5. Ifgangindividualgtaxpayergisgunablegtogfilegagtaxgreturngbygitsgoriginalgduegdate,gthegtaxpayergcan
requestgangautomaticg9-monthgextensiongtogfilegthegreturn.
g
True False
6. Angextensiongtogfilegagtaxgreturngdoesgnotgextendgthegduegdategforgtaxgpayments.
True False
2-1
Copyrightg©g2017gMcGraw-
HillgEducation.gAllgrightsgreserved.gNogreproductiongorgdistributiongwithoutgthegpriorgwrittengconsentgofgMcGraw-HillgEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2017 8thEditio
g g g g g g g g g g g
n Spilker g
7. ThegstatutegofglimitationsgforgIRSgassessmentggenerallygendsgfourgyearsgaftergthegdategagtaxgreturn
is filed.
g g
True False
8. Forgfraudulentgtaxgreturns,gthegstatutegofglimitationsgforgIRSgassessmentgisgtengyears.
True False
9. ThegIRSgDIFgsystemgchecksgeachgtaxgreturngforgmathematicalgmistakesgandgerrors.
True False
10. Joelgreportedgaghighgamountgofgcharitablegcontributionsgasgagdeductiongonghisgindividualgtaxgreturn
relativegtogtaxpayersgwithgsimilargincomeglevels.gTheginformationgmatchinggprogramgisgthegIRSgpro
g
gramgmostglikelygtogidentifygJoel'sgtaxgreturngforgaudit.
True False
11. OfficegexaminationsgaregthegmostgcommongtypegofgIRSgaudit.
True False
12. ThegthreegbasicgtypesgofgIRSgexaminationsgaregcomputergexams,gofficegexams,gandgbusinessg
exams.
True False
13. Theg"30-
day"gletterggivesgthegtaxpayergthegopportunitygtogrequestgangappealsgconferencegorgagreegtogagprop
osedgIRSgadjustmentgongthegtaxpayer'sgincomegtaxgreturn.
True False
2-2
Copyrightg©g2017gMcGraw-
HillgEducation.gAllgrightsgreserved.gNogreproductiongorgdistributiongwithoutgthegpriorgwrittengconsentgofgMcGraw-HillgEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2017 8thEditio
g g g g g g g g g g g
n Spilker g
14. Theg"90-
day"gletterggivesgthegtaxpayergthegopportunitygtogpaygagproposedgIRSgtaxgadjustmentgorgfilegagpet
itiongingthegU.S.gDistrictgCourtgtogcontestgthegadjustmentgandgheargthegcase.
True False
15. Ifgagtaxpayerghasglittlegcashgandgagverygtechnicalgtaxgcasegthatgshegfeelsgverygstronglygthatgthegtaxg
rulesgareg"onghergside,"gshegshouldgprefergtoghaveghergcasegtriedgingthegU.S.gTaxgCourt.
True False
16. Ingresearchinggagtaxgissue,gEricgfindsgthatgthegU.S.gCircuitgCourtgofgAppealsgforgthegFederalgCircuit
previouslyghasgruledgingfavorgofghisgtaxgposition,gwhereasgtheg11thgCircuitg(Eric'sgcircuit)gpreviouslyg
g
hasgruledgagainstghisgtaxgposition.gIfgEricgisgcontemplatingglitigatingghisgtaxgpositiongwithgthegIRS,g
hegshouldgprefergtoghaveghisgcasegfirstgtriedgbygthegU.S.gTaxgCourt.
True False
17. IfgagtaxpayerglosesgagcasegatgthegCircuitgCourtglevel,ghegisggrantedgangautomaticgappealghearing
withgthegSupremegCourt.
g
True False
18. Secondarygauthoritiesgaregofficialgsourcesgofgthegtaxglawgwithgaglesserg"weight"gthangprimaryg
authorities.
True False
19. Revenuegrulingsgandgrevenuegproceduresgaregexamplesgofgprimarygauthorities.
True False
20. ThegInternalgRevenuegCodegandgtaxgtreatiesgaregexamplesgofgstatutorygauthorities.
True False
2-3
Copyrightg©g2017gMcGraw-
HillgEducation.gAllgrightsgreserved.gNogreproductiongorgdistributiongwithoutgthegpriorgwrittengconsentgofgMcGraw-HillgEducation.
mynursytest.store
