Questions from Individual Taxation


Q: Congress would like to increase tax revenues by 10 percent. Assume

Congress would like to increase tax revenues by 10 percent. Assume that the average taxpayer in the United States earns $65,000 and pays an average tax rate of 15 percent. If the income effect is in e...

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Q: Locate the IRS Web site at http://www.irs.

Locate the IRS Web site at http://www.irs.gov/. For every $100 the IRS collected, how much was spent on the IRS collection efforts? What tax system criterion does this information help you to evaluate...

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Q: What is the difference between open and closed facts? How is

What is the difference between open and closed facts? How is this distinction important in conducting tax research?

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Q: In writing a research memo, what types of facts should be

In writing a research memo, what types of facts should be included in the memo?

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Q: Amber is a tax expert, whereas Rob is a tax novice

Amber is a tax expert, whereas Rob is a tax novice. Explain how their process in identifying tax issues may differ.

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Q: Discuss the basic differences between annotated and topical tax services. How

Discuss the basic differences between annotated and topical tax services. How are these services used in tax research?

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Q: What are some ways that a parent could effectively shift income to

What are some ways that a parent could effectively shift income to a child? What are some of the disadvantages of these methods?

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Q: Armando identifies a tax research question as being a question of fact

Armando identifies a tax research question as being a question of fact. What types of authorities should he attempt to locate in his research?

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Q: Describe some ways in which taxes affect the political process in the

Describe some ways in which taxes affect the political process in the United States.

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Q: How are citators used in tax research?

How are citators used in tax research?

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