Monday, May 18, 2015

25 Free Test Bank for Federal Tax Research 10th by Sawyers Raabe 

25 free test bank for Federal Tax Research 10th by Sawyers Raabe multiple choice questionseffectively revise the text chapter 1 throughout difficulty based textbook questions friendly laidout and pertinently covered. In follow up to each question is four possible answers. Your job is to opt for ONE answer that best applies. Apart from multiple choice type, true/ false and free text questions are now also readily available for your online practice. Once you finish answering those federal tax textbook test bank questions, don’t forget to click submit at the end to have your results instantly checked and scored. Hope your exam revision and study come as fresh as dawn and your future shines a brightly as afternoon!
Please visit the link below to get full questions and answers:
According to Rule 101 of the AICPA Rules of Professional Conduct, a CPA in public practice must:
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Which of the following is CORRECT about a CPA’s responsibility with regard to tax return positions under Statements on Standards for Tax Services No. 1 (SSTS No. 1):
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Regarding open transactions, which of the following statements is INCORRECT?
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Standards for Tax Services (SSTS) contain advisory guidelines for:
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Under Statements on Standards for Tax Services No. 3, (SSTS No. 3) a CPA preparing a tax return should perform all of the actions EXCEPT:
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According to Circular 230, the “best practices” rules are:
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The Statements on Standards for Tax Services (SSTS) are issued by:
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Tax evasion is:
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The Lowell Bar Association v. Loeb case addressed the issue of:
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An EA must renew his or her enrollment card on a:
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In a closed transaction, the scope of tax planning is:
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An unenrolled tax return preparer can make an appearance as the taxpayer’s representative only before the:
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Circular 230 includes rules on all of the following topics EXCEPT:
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Who can represent a taxpayer before the IRS Appeals Office under Circular 230?
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Which of the following statements best explains the need for tax practitioners to understand nonregulatory ethical models of behavior?
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Which of the following statements is CORRECT regarding unauthorized practice of law?
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Tax compliance is the process of:
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The primary change made by the Sarbanes-Oxley Act which affects the practice of public accounting is:
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Tax litigation is a process of:
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The Statements on Standards for Tax Services are:
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In which of the following situations would a CPA be engaged in the unauthorized practice of law?
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Due diligence, in essence, means a tax practitioner:
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77 Free Test Bank for Concepts in Federal Taxation 2015 22nd Edition by Murphy

77 free test bank for Concepts in Federal Taxation 2015 22nd Edition by Murphy multiple choice questions seamlessly lead you through efficiently formatted questions on federal income taxation without overwhelming you with too many advertisements and distractions. This powerful textbook test bank freedisplays the difficulty based quizlets in two pages for user friendliness and the ‘submit’ button is readily accessible at the end of page 2 for your checking answers and score. Aside from multiple choice questions, you will stand an ample chance to practice more with free text and true false types by accessing the related links. Overall, they are all helpful ones that will aid you in knowledge revision and study, reasoned thinking growth and understanding the pattern of exam questions.
Please visit the link below to get full questions and answers:
The Federal income tax is a
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If a taxpayer has a choice of receiving income in the current year versus the following year, which of the following tax rates is important in determining the year in which he should include the income?
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Marie earns $80,000 as a sales manager for Household Books. How much Social Security and medicare tax does Marie have to pay?
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Bob and Linda are married and have a 2014 taxable income of $280,000. They also received $20,000 of tax-exempt income. Their marginal tax rate is:
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A tax provision has been discussed that would add an additional marginal tax rate of 39% to be applied to an individual's taxable income in excess of $800,000. If this provision were to become law, what overall distributional impact would it have on our current income tax system?
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Which of the following are included among Adam Smith's criteria for evaluating a tax? I. Convenience. II. Fairness. III. Neutrality. IV. Economy.
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Taxpayer A pays tax of $3,300 on taxable income of $10,000 while taxpayer B pays tax of $6,600 on $20,000. The tax is a
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Shara's 2014 taxable income is $42,000 before considering charitable contributions. Shara is a single individual. She makes a donation of $5,000 to the American Heart Association in December 2014. By how much did Shara's marginal tax rate decline simply because of the donation?
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Employment taxes are
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Pay-as-you-go withholding is consistent with Adam Smith's criteria of
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Vertical equity: I. means that those taxpayers who have the greatest ability to pay the tax should pay the greatest proportion of the tax. II. means that two similarly situated taxpayers are taxed the same. III. is reflected in the progressive nature of the federal income tax system. exists when Avis, a single individual with 4 dependent children, and Art, a single. IV. individual with no dependents, both pay $2,400 income tax on equal $26,000 annual salaries.
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Horizontal equity: I. means that those taxpayers who have the greatest ability to pay the tax should pay the greatest proportion of the tax. II. means that two similarly situated taxpayers are taxed the same. III. is reflected in the progressive nature of the federal income tax system. exists when Avis, a single individual with 4 dependent children, and Art, a single. IV. individual with no dependents, both pay $2,400 income tax on equal $26,000 annual salaries.
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Which of the following payments meets the IRS definition of a tax?
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Katie pays $10,000 in tax­deductible property taxes. Katie’s marginal tax rate is 25%, average tax rate is 24%, and effective tax rate is 20%. Katie's tax savings from paying the property tax is:
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