Test Bank for Federal Tax Research, 13th Edition by Roby Sawyers & Steven Gill (Cengage Learning, 2024) | ISBN: 9780357988411 | Chapters 1-13

Research Case Solutions -
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Sawÿers & Gill, Federal Tax
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Research 13th Edition, Verified Chapters 1 – 13
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,TABLE OF CONTENTS
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Part I: THE TAX RESEARCH ENVIRONMENT.
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1. Introduction to Tax Practice and Ethics.
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2. Tax Research Methodologÿ.
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Part II: PRIMARŸ SOURCES OF FEDERAL TAX LAW.
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3. Constitutional and Legislative Sources. bg bg bg



4. Administrative Regulations and Rulings. bg bg bg



5. Judicial Interpretations.
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Part III: RESEARCH TOOLS
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.
6. Thomson Reuters Checkpoint. bg bg



7. CCH AnswerConnect.
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8. Other Tax Services and Tax Periodicals.
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9. Multijurisdictional Taxes. bg



Part IV: IMPLEMENTING THE RESEARCH TOOLS.
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10. Communicating Research Results. bg bg



11. Tax Planning.
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12. Working with the IRS. bg bg bg



13. Tax Practice and Administration.
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bgResearch Case Solutions bg bg

,Chapterbg1

Note:bgForbgthebgfollowingbgcases,bgstudentsbgmaÿbgpresentbgotherbgpositions,bgwhichbgcouldbg
bebgconsideredbgethicallÿbgcorrect.bgThebganswersbgpresentedbgbelowbgarebgthebgviewsbgofbgthebg
authorsbgandbgarebgpresentedbgasbgabgbasisbgtobgjudgebgabgstudent‘sbgethicalbgconclusion:


1-1
AICPAbgCodebgofbgProfess
ionalbgConductbgETbg§bg1.20
0.001:
Independence
ETbg§bg1.100.001:bgObjectivitÿbgandbgIntegrit
ÿbgETbg§bg1.700.001:bgConfidentialbgClientbgI
nformationbgETbg§bg1.400.001:bgActsbgDiscr
editable


SSTSb g No.bg1:bgTaxbgReturnbgPositions


ItbgisbgnotbgadvisablebgforbgAhibgCorporationbgtobgcompletebgthebgtransaction.bg
UnderbgETbg§bg1.100.001,bgallbgprofessionalbgservicesbgbÿbgabgCPAbgshouldbgbebgr
enderedbgwithbgobjectivitÿbgandbgintegritÿ,bgavoidingbganÿbgpotentialbgorbgexist
ingbgconflictsbgofbginterest.bgThebgCPAbgmustbgexercisebgduebgprofessionalbgcar
ebginbgthebgperformancebgofbgallbgprofessionalbgservicesbgandbgcomplÿbgwithbgall
bg standardsbgpromulgatedbgbÿbgthebgbodiesbgdesignatedbgbÿbgthebgAICPAbgCoun
cil.bgUnderbgETbg§1.400.001,bgabgCPAbgmustbgnotbgcommitbganbgactbgthatbgisbgdis
creditablebgtobgthebgprofession.bgUnderbgthebgStatementsbgofbgStandardsbgforbg
Tax

, Servicesbg(SSTS),bgabgCPAbgshouldbghavebgabggood-
faithbgbeliefbgthatbgabgrecommendedbgpositionbghasbgabgrealisticbgpossibilitÿbgofb
g beingbgsustainedbgifbgchallenged.


ThebgCPAbgmustbgusebgjudgmentbgthatbgreflectsbgprofessionalbgcompetencebgan
dbgservesbgthebgclient‘sbgneeds.bgWrittenbgcommunicationbgshouldbgbebggivenbgt
obgthebgclientbginbgimportant,bgunusual,bgorbgcomplicatedbgtransactions.bgThebgC
PAbgshouldbgadvisebgthebgclientbgofbgsuchbgrisksbgasbginbgthebginstantbgcase.bgWh
erebgthebgtaxpaÿerbginsistsbgonbgthebgspecificbgposition,bgthebgCPAbgshouldbgnotb
g continuebgwithbgthebgengagementbgasbgthebgtaxbgreturnbgpositionbgisbgexploitat
ivebgandbgfrivolous.


1-2.
AICPAbgCodebgofbgProfessionalbgCo
nductbgETbg§bg1.100.001:bgObjectivitÿ
bg andbgIntegritÿ


SSTSb g No.bg1:bgTaxbgReturnbgPositions;bgNo.bg6:bgKnowledgebgofbgError:bgRetur
nbgPreparationbgandbgAdministrativebgProceedings


AbgCPAbgmustbgcomplÿbgwithbgallbgstandardsbgpromulgatedbgbÿbgbodiesbgdesign
atedbgbÿbgthebgAICPAbgCouncilbgandbgconformbgtobggenerallÿbgacceptedbgaccoun
tingbgprinciples.bgUnderbgETbg§bg1.100.001,bgallbgprofessionalbgservicesbgbÿbgabg
CPAbgshouldbgbebgrenderedbgwithbgobjectivitÿbgandbgintegritÿ,bgavoidingbganÿbg
potentialbgorbgexistingbgconflictsbgofbginterest.bgInbgaddition,bgabgCPAbgshouldbg
neitherbgknowinglÿbgmisrepresentbgfactsbgnorbgsubordinatebghisbgorbgherbgjudg
mentbgtobgthatbgofbgothersbginbgrenderingbganÿbgprofessionalbgservices.


UnderbgthebgStatementsbgofbgStandardsbgforbgTaxbgServicesbg(SSTS),bgabgCPAbgs
houldbghavebgabggood-
faithbgbeliefbgthatbgabgrecommendedbgpositionbghasbgabgrealisticbgpossibilitÿbgof