Questions from Federal Taxation

Q: Discuss the powers of taxation that are granted to Congress by the

Discuss the powers of taxation that are granted to Congress by the U.S. Constitution. Are any limits placed on the powers of Congress to so tax?

Q: In order for them to have limited practice rights, the IRS

In order for them to have limited practice rights, the IRS requires non-credentialed tax return preparers to participate in the IRS Annual Filing Season Program. What does participation require, and w...

Q: What is a tax treaty? Explain the purpose of a tax

What is a tax treaty? Explain the purpose of a tax treaty. What matters generally are covered in a tax treaty?

Q: When an Internal Revenue Code section and a tax treaty provision appear

When an Internal Revenue Code section and a tax treaty provision appear to conflict, which usually prevails?

Q: Briefly summarize the usual steps of the legislative process for the development

Briefly summarize the usual steps of the legislative process for the development of federal tax legislation.

Q: When are committee reports useful to a tax researcher?

When are committee reports useful to a tax researcher?

Q: What is a public law number? In P.L.

What is a public law number? In P.L. 100-203, what do the “100” and the “203” indicate?

Q: Discuss the evolution of today’s Internal Revenue Code.

Discuss the evolution of today’s Internal Revenue Code.

Q: Are there any exceptions to the general formatting rules for a code

Are there any exceptions to the general formatting rules for a code section? Give examples.

Q: The tax researcher must be careful not to overlook connecting words such

The tax researcher must be careful not to overlook connecting words such as and, or, at least, and more than. Explain why this is important.