Questions from Federal Taxation

Q: What course(s) of action is (are) available

What course(s) of action is (are) available to a taxpayer upon receipt of the following notices: a. The 30-day letter? b. The 90-day letter? c. IRS rejection of a claim for a refund?

Q: List the courts in which a taxpayer can begin tax related litigation

List the courts in which a taxpayer can begin tax related litigation.

Q: Why do taxpayers frequently litigate in the Tax Court?

Why do taxpayers frequently litigate in the Tax Court?

Q: Refer to Question C:14-7. Which taxpayer (

Refer to Question C:14-7. Which taxpayer (the trust, Irene, or Beth) pays the tax on the gain? From Question 7: A trust instrument provides that, for life, Irene is entitled to receive distributions...

Q: In what situations is a protest letter necessary?

In what situations is a protest letter necessary?

Q: What information should be included in a request for a private letter

What information should be included in a request for a private letter ruling?

Q: What conditions must the taxpayer meet to shift the burden of proof

What conditions must the taxpayer meet to shift the burden of proof to the IRS?

Q: In what circumstances will the IRS rule on estate tax issues?

In what circumstances will the IRS rule on estate tax issues?

Q: On which of the following issues will the IRS likely issue a

On which of the following issues will the IRS likely issue a private letter ruling and why? In your answer, assume that no other IRS pronouncement addresses the issue and that pertinent Treasury Regul...

Q: Tracy wants to take advantage of a “terrific business opportunity”

Tracy wants to take advantage of a “terrific business opportunity” by engaging in a transaction with Homer. Homer, domineering and impatient, wants Tracy to conclude the transaction within two weeks a...