Question 1

The IRS's general authority to issue binding rules and regulations comes from which source?

Accepted Answer

A)   The United States Constitution
B)   An Executive Order of the President
C)   A section of the Internal Revenue Code itself.
D)   None of the above.

Question 2

Technical Advice Memoranda are issued in response to a request by an IRS agent.

Accepted Answer

A) True 
 B)False

Question 3

T.D. 9479 refers to a Treasury Determination letter.

Accepted Answer

A) True 
 B)False

Question 4

The IRS issues General Regulations under the general authority granted to the IRS to interpret the language of the Code, usually under a specific
Code (or committee report) directive of Congress.

Accepted Answer

A) True 
 B)False

Question 5

All of the following types of tax documents are published in the Internal Revenue Bulletin except:

Accepted Answer

A)   IRS Revenue Procedures.
B)   IRS Letter Rulings.
C)   Treasury Decisions.
D)   New Tax Treaties
E)   All of the above documents are published in the Internal Revenue Bulletin.

Question 6

Which of the following Regulations deals with estate taxes?

Accepted Answer

A)   Reg. §1.162­21(a) (2) 
B)   Reg. §25.2503­4
C)   Reg. §1.6662­5T
D)   Reg. §31.3121(a) ­2
E)   None of the above.

Question 7

In the citation Rev Rul. 87­90, 1987­1 CB 198, the number '90' is the:

Accepted Answer

A)   Ruling number for the year.
B)   Year of ruling.
C)   Paragraph number in the CB.
D)   Volume number in the CB.

Question 8

Which statement is CORRECT regarding Proposed Regulations?

Accepted Answer

A)   They cannot become final until the expiration of at least 30 days after they are published in proposed form.
B)   The IRS cannot make changes to Proposed Regulations before they become final.
C)   The public must be given an opportunity to comment on Proposed Regulations before they become final.
D)   Only (a)  and (c)  are correct.

Question 9

If a taxpayer disagrees with the scope or language of a Regulation, he or she has the burden of proving that the Regulation is improper.

Accepted Answer

A) True 
 B)False

Exam 4: Administrative Regulations and Rulings

Which of the following Regulations deals with estate taxes?

Correct Answer
verified

The IRS's general authority to issue binding rules and regulations comes from which source?

Correct Answer
verified

All of the following types of tax documents are published in the Internal Revenue Bulletin except:

Correct Answer
verified

T.D. 9479 refers to a Treasury Determination letter.

Correct Answer
verified

Which statement is CORRECT regarding Proposed Regulations?

Correct Answer
verified

Technical Advice Memoranda are issued in response to a request by an IRS agent.

Correct Answer
verified

In the citation Rev Rul. 8790, 19871 CB 198, the number '90' is the:

Correct Answer
verified

If a taxpayer disagrees with the scope or language of a Regulation, he or she has the burden of proving that the Regulation is improper.

Correct Answer
verified

The IRS issues General Regulations under the general authority granted to the IRS to interpret the language of the Code, usually under a specific Code (or committee report) directive of Congress.

Correct Answer
verified

Exam 4: Administrative Regulations and Rulings

Which of the following Regulations deals with estate taxes?

Correct AnswerverifiedShow Answer

The IRS's general authority to issue binding rules and regulations comes from which source?

Correct AnswerverifiedShow Answer

All of the following types of tax documents are published in the Internal Revenue Bulletin except:

Correct AnswerverifiedShow Answer

T.D. 9479 refers to a Treasury Determination letter.

Correct AnswerverifiedShow Answer

Which statement is CORRECT regarding Proposed Regulations?

Correct AnswerverifiedShow Answer

Technical Advice Memoranda are issued in response to a request by an IRS agent.

Correct AnswerverifiedShow Answer

In the citation Rev Rul. 87­90, 1987­1 CB 198, the number '90' is the:

Correct AnswerverifiedShow Answer

If a taxpayer disagrees with the scope or language of a Regulation, he or she has the burden of proving that the Regulation is improper.

Correct AnswerverifiedShow Answer

The IRS issues General Regulations under the general authority granted to the IRS to interpret the language of the Code, usually under a specific Code (or committee report) directive of Congress.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

In the citation Rev Rul. 8790, 19871 CB 198, the number '90' is the:

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified