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Problem
1. List the three sources of tax law. Provide a brief statement about each.
2. If a taxpayer has a disagreement with the IRS and has exhausted all administrative efforts, which courts of original jurisdiction will hear his case? (list all)
3. In the question above, explain the differences between the courts with respect to payment of deficiency before trial, jury trial and types of disputes.
4. Name two on-line tax research sites/software (other than CCH) and provide the web info to access each. Include a copy of the home page of each.
5. How do you access CCH via the WPU web page? Provide a copy of the home page.
Determine taxable income before considering expense.
Prepare a tax research memo to the file that addresses the issues you feel are most relevant to Mimi's various issures.
Explain what is meant by income by ordinary concepts
Identify the tax issues that are raised and the relevant sections of the legislation. Identify any cases and other sources of law or information that apply.
Calculate Carolines taxable income
Show the tax issues that are raised and the relevant sections of the legislation.
Brief statement in your own words of the facts of the cases.
Prepare the C Regular Corporation Tax Return for the Lawson And Norman Enterprise
Advise the participants in the ‘barter' system of the income tax implications, if any, of participating in the system.
Discuss- A tax on cigarettes is a good way of raising tax revenue for the government
Prepare the required journal entry to record the tax expense
Calculate Barb's taxable income? What nonrefundable credit is Barb eligible for based on the information you have?
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