Question

You inherit a tax problem that was researched five months ago. You believe the answer is correct, but you are unfamiliar with the general area.

Respond to each of the following questions by selecting either "Yes" or "No" for each option provided.

a. How would you find recent articles dealing with the subject area?

•	Consult one of the tax services, such as the Commerce Clearing House's Federal Tax Articles.
•	Request a letter ruling about any new developments.

b. How do you evaluate the reliability of the authority cited in the report as well as determine the latest developments pertaining to the research problem?

•	Use a citator within one of the commercial tax services.
•	Refer directly to the Internal Revenue Code.

Answer 1

a.

•

Consult one of the tax services, such as the Commerce Clearing House's Federal Tax Articles. Answer : Yes. It is because this website provides information and other services relating to Tax, Accounting etc. • Request a letter ruling about any new developments. Answer : No. Such requests would not be entertained. b. • Use a citator within one of the commercial tax services. Answer: No. Such may not be reliable source. • Refer directly to the Internal Revenue Code. Answer : Yes . As this would form a reliable basis for obtaining information.