Which of the following are TRUE statements about federal tax…
Which of the following are TRUE statements about federal tax law? Your tax textbook is primary authority. Primary authorities of federal tax law come from the three branches of the federal government. Treasury regulations are a secondary authority of federal tax law. Secondary authorities assist tax practitioners in locating primary authorities.
Read DetailsB.F. Skinner strongly supports the use of punishment to cond…
B.F. Skinner strongly supports the use of punishment to condition students to demonstrate certain behaviors. He stated, “punishment is how my mom did it.” Also, he recognized that “When prisoners are released in the US, they never commit another crime, that is why it is important to develop a pipeline from school to prison.”
Read DetailsThe U.S. Tax Court is deciding a case for a taxpayer living…
The U.S. Tax Court is deciding a case for a taxpayer living in Florida (11th Circuit). There is a previous U.S. Tax Court “Regular” decision that supports the taxpayer, but there is also a conflicting 11th Circuit decision in favor of the IRS. How must the Tax Court rule on the taxpayer’s issue before the court?
Read DetailsFor the following tax returns, identify the method the IRS m…
For the following tax returns, identify the method the IRS most likely used to select the return for audit from the drop-down box provided. A) A taxpayer’s return is flagged because their reported mortgage interest deduction is significantly higher than the average for their specific ZIP code and income bracket. [AUDIT1] B) A taxpayer whose W-2 federal withholding doesn’t match the amount on their 1040. [AUDIT2] C) A taxpayer filed their Form 1040 and inadvertently claimed a standard deduction amount that was higher than the legally allowed limit for their filing status. [AUDIT3]
Read DetailsA nurse is speaking with a 45-year-old woman about early det…
A nurse is speaking with a 45-year-old woman about early detection of breast cancer. The woman has an average risk for breast cancer. According to the most recent 2023 American Cancer Society guidelines, the nurse will recommend which of the following for this woman.
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