Questions from Federal Taxation

Q: Differentiate an interpretive regulation and a legislative regulation.

Differentiate an interpretive regulation and a legislative regulation.

Q: Differentiate a proposed regulation and a temporary regulation.

Differentiate a proposed regulation and a temporary regulation.

Q: What are revenue rulings? revenue procedures?

What are revenue rulings? revenue procedures?

Q: Assume that the building in problem 68 is an apartment building held

Assume that the building in problem 68 is an apartment building held for investment. In addition to the sale of the building, Anton has the following capital gains and losses during 2017: Short-term...

Q: How are a revenue ruling and a Treasury regulation different? a

How are a revenue ruling and a Treasury regulation different? a revenue ruling and a private letter ruling?

Q: What does it mean when the IRS issues an acquiescence or nonacquiescence

What does it mean when the IRS issues an acquiescence or nonacquiescence?

Q: What impact would an IRS announcement of nonacquiescence to a court decision

What impact would an IRS announcement of nonacquiescence to a court decision have on a taxpayer in a similar situation?

Q: Name the other types of pronouncements issued by the IRS, and

Name the other types of pronouncements issued by the IRS, and briefly describe their content.

Q: Al is in the state penitentiary after being convicted of a series

Al is in the state penitentiary after being convicted of a series of crimes. He still corresponds with his girlfriend to ask for money and this year she has sent him a total of $1,200. Al’s only oth...

Q: Tomiko owns the copyright to several classic Motown songs. In 2015

Tomiko owns the copyright to several classic Motown songs. In 2015, he became aware that Tinseltown Records was selling several of his songs without his permission. He sues Tinseltown seeking $1,000...