,DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2017 8th
j j j j j j j j j j
Edition Spilker j j
Chapter 02 j
j Tax Compliance, the IRS, and Tax Authorities
j j j j j j
True j/ jFalse jQuestions
1. Corporations jare jrequired jto jfile ja jtax jreturn jannually jregardless jof jtheir jtaxable jincome.
True False
2. The jtax jreturn jfiling jrequirements jfor jindividual jtaxpayers jonly jdepend jon jthe jtaxpayer's jfiling
j status.
True False
3. If ja jtaxpayer jis jdue ja jrefund, jshe jdoes jnot jhave jto jfile ja jtax jreturn.
True False
4. If jApril j15th j falls jon ja jSaturday, jthe jdue jdate jfor jindividual jtax jreturns jwill jbe jon jMonday, jApril
j 17th.
True False
5. If jan jindividual jtaxpayer jis junable jto jfile ja jtax jreturn jby jits joriginal jdue jdate, jthe jtaxpayer jcan
j request jan jautomatic j9-month jextension jto jfile jthe jreturn.
True False
6. An jextension jto jfile ja jtax jreturn jdoes jnot jextend jthe jdue jdate jfor jtax jpayments.
True False
2-1
Copyright j© j2017 jMcGraw-Hill jEducation. jAll jrights jreserved. jNo jreproduction jor jdistribution jwithout jthe jprior jwritten jconsent
jof j McGraw-Hill jEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2017 8th
j j j j j j j j j j
Edition Spilker j j
7. The jstatute jof jlimitations jfor jIRS jassessment jgenerally jends jfour jyears jafter jthe jdate ja jtax jreturn
j is jfiled.
True False
8. For jfraudulent jtax jreturns, jthe jstatute jof jlimitations jfor jIRS jassessment jis jten jyears.
True False
9. The jIRS jDIF jsystem jchecks jeach jtax jreturn jfor jmathematical jmistakes jand jerrors.
True False
10. Joel jreported ja jhigh jamount jof jcharitable jcontributions jas ja jdeduction jon jhis jindividual jtax jreturn
j relative jto jtaxpayers jwith jsimilar jincome jlevels. jThe jinformation jmatching jprogram jis jthe jIRS
j program jmost jlikely jto jidentify jJoel's jtax jreturn jfor jaudit.
True False
11. Office jexaminations jare jthe jmost jcommon jtype jof jIRS jaudit.
True False
12. The jthree jbasic jtypes jof jIRS jexaminations jare jcomputer jexams, joffice jexams, jand jbusiness
j exams.
True False
13. The j"30-day" jletter jgives jthe jtaxpayer jthe jopportunity jto jrequest jan jappeals jconference jor jagree
j to ja jproposed jIRS jadjustment jon jthe jtaxpayer's jincome jtax jreturn.
True False
2-2
Copyright j© j2017 jMcGraw-Hill jEducation. jAll jrights jreserved. jNo jreproduction jor jdistribution jwithout jthe jprior jwritten jconsent
jof j McGraw-Hill jEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2017 8th
j j j j j j j j j j
Edition Spilker j j
14. The j"90-day" jletter jgives jthe jtaxpayer jthe jopportunity jto jpay ja jproposed jIRS jtax jadjustment jor
jfile ja jpetition jin jthe jU.S. jDistrict jCourt jto jcontest jthe jadjustment jand jhear jthe jcase.
True False
15. If ja jtaxpayer jhas jlittle jcash jand ja jvery jtechnical jtax jcase jthat jshe jfeels jvery jstrongly jthat jthe jtax
j rules jare j"on jher jside," jshe jshould jprefer jto jhave jher jcase jtried jin jthe jU.S. jTax jCourt.
True False
16. In jresearching ja jtax jissue, jEric jfinds jthat jthe jU.S. jCircuit jCourt jof jAppeals jfor jthe jFederal jCircuit
j previously jhas jruled jin jfavor jof jhis jtax jposition, jwhereas jthe j11th j Circuit j(Eric's jcircuit) jpreviously
j has jruled jagainst jhis jtax jposition. jIf jEric jis jcontemplating jlitigating jhis jtax jposition jwith jthe jIRS,
j he jshould jprefer jto jhave jhis jcase jfirst jtried jby jthe jU.S. jTax jCourt.
True False
17. If ja jtaxpayer jloses ja jcase jat jthe jCircuit jCourt jlevel, jhe jis jgranted jan jautomatic jappeal jhearing
j with jthe jSupreme jCourt.
True False
18. Secondary jauthorities jare jofficial jsources jof jthe jtax jlaw jwith ja jlesser j"weight" jthan jprimary
j authorities.
True False
19. Revenue jrulings jand jrevenue jprocedures jare jexamples jof jprimary jauthorities.
True False
20. The jInternal jRevenue jCode jand jtax jtreaties jare jexamples jof jstatutory jauthorities.
True False
2-3
Copyright j© j2017 jMcGraw-Hill jEducation. jAll jrights jreserved. jNo jreproduction jor jdistribution jwithout jthe jprior jwritten jconsent
jof j McGraw-Hill jEducation.
mynursytest.store
j j j j j j j j j j
Edition Spilker j j
Chapter 02 j
j Tax Compliance, the IRS, and Tax Authorities
j j j j j j
True j/ jFalse jQuestions
1. Corporations jare jrequired jto jfile ja jtax jreturn jannually jregardless jof jtheir jtaxable jincome.
True False
2. The jtax jreturn jfiling jrequirements jfor jindividual jtaxpayers jonly jdepend jon jthe jtaxpayer's jfiling
j status.
True False
3. If ja jtaxpayer jis jdue ja jrefund, jshe jdoes jnot jhave jto jfile ja jtax jreturn.
True False
4. If jApril j15th j falls jon ja jSaturday, jthe jdue jdate jfor jindividual jtax jreturns jwill jbe jon jMonday, jApril
j 17th.
True False
5. If jan jindividual jtaxpayer jis junable jto jfile ja jtax jreturn jby jits joriginal jdue jdate, jthe jtaxpayer jcan
j request jan jautomatic j9-month jextension jto jfile jthe jreturn.
True False
6. An jextension jto jfile ja jtax jreturn jdoes jnot jextend jthe jdue jdate jfor jtax jpayments.
True False
2-1
Copyright j© j2017 jMcGraw-Hill jEducation. jAll jrights jreserved. jNo jreproduction jor jdistribution jwithout jthe jprior jwritten jconsent
jof j McGraw-Hill jEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2017 8th
j j j j j j j j j j
Edition Spilker j j
7. The jstatute jof jlimitations jfor jIRS jassessment jgenerally jends jfour jyears jafter jthe jdate ja jtax jreturn
j is jfiled.
True False
8. For jfraudulent jtax jreturns, jthe jstatute jof jlimitations jfor jIRS jassessment jis jten jyears.
True False
9. The jIRS jDIF jsystem jchecks jeach jtax jreturn jfor jmathematical jmistakes jand jerrors.
True False
10. Joel jreported ja jhigh jamount jof jcharitable jcontributions jas ja jdeduction jon jhis jindividual jtax jreturn
j relative jto jtaxpayers jwith jsimilar jincome jlevels. jThe jinformation jmatching jprogram jis jthe jIRS
j program jmost jlikely jto jidentify jJoel's jtax jreturn jfor jaudit.
True False
11. Office jexaminations jare jthe jmost jcommon jtype jof jIRS jaudit.
True False
12. The jthree jbasic jtypes jof jIRS jexaminations jare jcomputer jexams, joffice jexams, jand jbusiness
j exams.
True False
13. The j"30-day" jletter jgives jthe jtaxpayer jthe jopportunity jto jrequest jan jappeals jconference jor jagree
j to ja jproposed jIRS jadjustment jon jthe jtaxpayer's jincome jtax jreturn.
True False
2-2
Copyright j© j2017 jMcGraw-Hill jEducation. jAll jrights jreserved. jNo jreproduction jor jdistribution jwithout jthe jprior jwritten jconsent
jof j McGraw-Hill jEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2017 8th
j j j j j j j j j j
Edition Spilker j j
14. The j"90-day" jletter jgives jthe jtaxpayer jthe jopportunity jto jpay ja jproposed jIRS jtax jadjustment jor
jfile ja jpetition jin jthe jU.S. jDistrict jCourt jto jcontest jthe jadjustment jand jhear jthe jcase.
True False
15. If ja jtaxpayer jhas jlittle jcash jand ja jvery jtechnical jtax jcase jthat jshe jfeels jvery jstrongly jthat jthe jtax
j rules jare j"on jher jside," jshe jshould jprefer jto jhave jher jcase jtried jin jthe jU.S. jTax jCourt.
True False
16. In jresearching ja jtax jissue, jEric jfinds jthat jthe jU.S. jCircuit jCourt jof jAppeals jfor jthe jFederal jCircuit
j previously jhas jruled jin jfavor jof jhis jtax jposition, jwhereas jthe j11th j Circuit j(Eric's jcircuit) jpreviously
j has jruled jagainst jhis jtax jposition. jIf jEric jis jcontemplating jlitigating jhis jtax jposition jwith jthe jIRS,
j he jshould jprefer jto jhave jhis jcase jfirst jtried jby jthe jU.S. jTax jCourt.
True False
17. If ja jtaxpayer jloses ja jcase jat jthe jCircuit jCourt jlevel, jhe jis jgranted jan jautomatic jappeal jhearing
j with jthe jSupreme jCourt.
True False
18. Secondary jauthorities jare jofficial jsources jof jthe jtax jlaw jwith ja jlesser j"weight" jthan jprimary
j authorities.
True False
19. Revenue jrulings jand jrevenue jprocedures jare jexamples jof jprimary jauthorities.
True False
20. The jInternal jRevenue jCode jand jtax jtreaties jare jexamples jof jstatutory jauthorities.
True False
2-3
Copyright j© j2017 jMcGraw-Hill jEducation. jAll jrights jreserved. jNo jreproduction jor jdistribution jwithout jthe jprior jwritten jconsent
jof j McGraw-Hill jEducation.
mynursytest.store
