Questions from Federal Taxation

Q: Are homeowners who claim an itemized deduction for interest paid on adjustable

Are homeowners who claim an itemized deduction for interest paid on adjustable rate mortgages and then receive refunds in a later year required to show the refunds as taxable income? Database to searc...

Q: Answer the following questions about this citation: Reg. § 1

Answer the following questions about this citation: Reg. § 1.274-6T(a)(2). a. What does the “1” stand for? b. What does the “274” stand for? c. What does the “6T” stand for? d. What does the “(a)” sta...

Q: Locate the committee reports associated with each of the following code sections

Locate the committee reports associated with each of the following code sections using a tax service such as Checkpoint. Give the public law (P.L.) number of the most recent committee report and a bri...

Q: Explain each of the elements of this citation: Rev. Rul

Explain each of the elements of this citation: Rev. Rul. 2013-5, 2013-9 I.R.B. 525.

Q: Use an online tax service (e.g., Checkpoint,

Use an online tax service (e.g., Checkpoint, LexisNexis, CCH IntelliConnect) to locate the following code sections. What other code sections reference each of the sections you found? State which onlin...

Q: Explain each of the elements of this citation: Rev. Rul

Explain each of the elements of this citation: Rev. Rul. 96-41, 1996-2 C.B. 8.

Q: Explain each of the elements of this citation: Rev. Proc

Explain each of the elements of this citation: Rev. Proc. 2013-14, 2013-3 I.R.B. 283.

Q: What is the small tax case procedure of the U.S

What is the small tax case procedure of the U.S. Tax Court? What is the maximum amount of the deficiency that can be the subject of a small tax case hearing? Comment on the trial procedures in small t...

Q: Where are regular Tax Court decisions published? Illustrate the elements of

Where are regular Tax Court decisions published? Illustrate the elements of both a temporary and a permanent regular Tax Court citation. Explain what each part of the citation means.

Q: Tax Court memorandum decisions are not published by the federal government.

Tax Court memorandum decisions are not published by the federal government. However, commercial reporters include these decisions. Illustrate the elements of both a temporary and a permanent citation...