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5 Cards in this Set
- Front
- Back
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What are the six steps to the tax research process?
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1. Get the Facts
2. Identify the issue 3. Locate Authority 4. Analyze Authority 5. Repeat steps 1 through 4 6. Communicate Conclusions |
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What is a primary authority?
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Statutory, administrative, and judicial authority.
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What is a secondary authority?
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Textbooks, treatises, professional journals, and commercial tax services.
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What is an example of statutory tax rules?
Administrative authority? |
Internal Revenue Code of 1986
Treasury regulations |
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What is a technical advice memorandum (TAM)?
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The IRS position on a disputed item in a tax return.
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