Research Case Solutions –
By Sawyers & Gill, Federal Tax Research
13th Edition
,Table Of Contents:
Part I: The Tax Research Environment.
1. Introduction To Tax Practice And Ethics.
2. Tax Research Methodology
Part Ii: Primary Sources Of Federal Tax Law.
3. Constitutional And Legislative Sources.
4. Administrative Regulations And Rulings.
5. Judicial Interpretations.
Part Iii: Research Tools.
6. Tax Services Ria Checkpoint.
7. Tax Services Cch Intelliconnect.
8. Tax Services Specialty And Others.
9. Multijurisdictional And Other Research.
10. Financial Accounting Research
. Part Iv: Implementing The Research Tools.
11. Communicating Research Results.
12. Tax Planning.
13. Working With The Irs.
14. Tax Practice And Administration:
,Research Case Solutions
Chapter 1
Note: For The Following Cases, Students May Present Other Positions, Which Could Be
Considered Ethically Correct. The Answers Presented Below Are The Views Of The Authors
And Are Presented As A Basis To Judge A Student‘S Ethical Conclusion:
1-1 Aicpa Code Of Professional Conduct
Et § 1.200.001: Independence
Et § 1.100.001: Objectivity And Integrity
Et § 1.700.001: Confidential Client Information
Et § 1.400.001: Acts Discreditable
Ssts No. 1: Tax Return Positions
It Is Not Advisable For Ahi Corporation To Complete The Transaction. Under Et
§ 1.100.001, All Professional Services By A Cpa Should Be Rendered With
Objectivity And Integrity, Avoiding Any Potential Or Existing Conflicts Of
Interest. The Cpa Must Exercise Due Professional Care In The Performance Of
All Professional Services And Comply With All Standards Promulgated By The
Bodies Designated By The Aicpa Council. Under Et §1.400.001, A Cpa Must Not
Commit An Act That Is Discreditable To The Profession. Under The Statements
Of Standards For Tax
, Services (Ssts), A Cpa Should Have A Good-Faith Belief That A Recommended
Position Has A Realistic Possibility Of Being Sustained If Challenged.
The Cpa Must Use Judgment That Reflects Professional Competence And Serves
The Client‘S Needs. Written Communication Should Be Given To The Client In
Important, Unusual, Or Complicated Transactions. The Cpa Should Advise The
Client Of Such Risks As In The Instant Case. Where The Taxpayer Insists On The
Specific Position, The Cpa Should Not Continue With The Engagement As The
Tax Return Position Is Exploitative And Frivolous.
1-2. Aicpa Code Of Professional Conduct Et
§ 1.100.001: Objectivity And Integrity
Ssts No. 1: Tax Return Positions; No. 6: Knowledge Of Error: Return
Preparation And Administrative Proceedings
A Cpa Must Comply With All Standards Promulgated By Bodies Designated By
The Aicpa Council And Conform To Generally Accepted Accounting Principles.
Under Et § 1.100.001, All Professional Services By A Cpa Should Be Rendered
With Objectivity And Integrity, Avoiding Any Potential Or Existing Conflicts Of
Interest. In Addition, A Cpa Should Neither Knowingly Misrepresent Facts Nor
Subordinate His Or Her Judgment To That Of Others In Rendering Any
Professional Services.
Under The Statements Of Standards For Tax Services (Ssts), A Cpa Should Have
A Good-Faith Belief That A Recommended Position Has A Realistic Possibility
Of Being Sustained If Challenged. In The Instant Case, The Cpa Must Notify
And Advise The Client Promptly Upon His Or Her Knowledge Of A Prior Or
Current Tax Return Error(S) That Has A Significant Effect Upon The Taxpayer‘S
Liability. The Client Must Be Notified And Advised Either Orally Or In Writing.
Once Rental Prices Of The Current Area Have Been Verified And Compared
Against The Amount Paid By Haddock Corporation, The Cpa Should Take The
Appropriate Actions. The Cpa Should
By Sawyers & Gill, Federal Tax Research
13th Edition
,Table Of Contents:
Part I: The Tax Research Environment.
1. Introduction To Tax Practice And Ethics.
2. Tax Research Methodology
Part Ii: Primary Sources Of Federal Tax Law.
3. Constitutional And Legislative Sources.
4. Administrative Regulations And Rulings.
5. Judicial Interpretations.
Part Iii: Research Tools.
6. Tax Services Ria Checkpoint.
7. Tax Services Cch Intelliconnect.
8. Tax Services Specialty And Others.
9. Multijurisdictional And Other Research.
10. Financial Accounting Research
. Part Iv: Implementing The Research Tools.
11. Communicating Research Results.
12. Tax Planning.
13. Working With The Irs.
14. Tax Practice And Administration:
,Research Case Solutions
Chapter 1
Note: For The Following Cases, Students May Present Other Positions, Which Could Be
Considered Ethically Correct. The Answers Presented Below Are The Views Of The Authors
And Are Presented As A Basis To Judge A Student‘S Ethical Conclusion:
1-1 Aicpa Code Of Professional Conduct
Et § 1.200.001: Independence
Et § 1.100.001: Objectivity And Integrity
Et § 1.700.001: Confidential Client Information
Et § 1.400.001: Acts Discreditable
Ssts No. 1: Tax Return Positions
It Is Not Advisable For Ahi Corporation To Complete The Transaction. Under Et
§ 1.100.001, All Professional Services By A Cpa Should Be Rendered With
Objectivity And Integrity, Avoiding Any Potential Or Existing Conflicts Of
Interest. The Cpa Must Exercise Due Professional Care In The Performance Of
All Professional Services And Comply With All Standards Promulgated By The
Bodies Designated By The Aicpa Council. Under Et §1.400.001, A Cpa Must Not
Commit An Act That Is Discreditable To The Profession. Under The Statements
Of Standards For Tax
, Services (Ssts), A Cpa Should Have A Good-Faith Belief That A Recommended
Position Has A Realistic Possibility Of Being Sustained If Challenged.
The Cpa Must Use Judgment That Reflects Professional Competence And Serves
The Client‘S Needs. Written Communication Should Be Given To The Client In
Important, Unusual, Or Complicated Transactions. The Cpa Should Advise The
Client Of Such Risks As In The Instant Case. Where The Taxpayer Insists On The
Specific Position, The Cpa Should Not Continue With The Engagement As The
Tax Return Position Is Exploitative And Frivolous.
1-2. Aicpa Code Of Professional Conduct Et
§ 1.100.001: Objectivity And Integrity
Ssts No. 1: Tax Return Positions; No. 6: Knowledge Of Error: Return
Preparation And Administrative Proceedings
A Cpa Must Comply With All Standards Promulgated By Bodies Designated By
The Aicpa Council And Conform To Generally Accepted Accounting Principles.
Under Et § 1.100.001, All Professional Services By A Cpa Should Be Rendered
With Objectivity And Integrity, Avoiding Any Potential Or Existing Conflicts Of
Interest. In Addition, A Cpa Should Neither Knowingly Misrepresent Facts Nor
Subordinate His Or Her Judgment To That Of Others In Rendering Any
Professional Services.
Under The Statements Of Standards For Tax Services (Ssts), A Cpa Should Have
A Good-Faith Belief That A Recommended Position Has A Realistic Possibility
Of Being Sustained If Challenged. In The Instant Case, The Cpa Must Notify
And Advise The Client Promptly Upon His Or Her Knowledge Of A Prior Or
Current Tax Return Error(S) That Has A Significant Effect Upon The Taxpayer‘S
Liability. The Client Must Be Notified And Advised Either Orally Or In Writing.
Once Rental Prices Of The Current Area Have Been Verified And Compared
Against The Amount Paid By Haddock Corporation, The Cpa Should Take The
Appropriate Actions. The Cpa Should
