- NY Credits : 4.0
- TX Credits : 4.0
- IRS Enrolled Agent Credits : Federal Tax/Tax Related Matters - 4.0
- IRS Non-Credentialed Return Preparer Credits : Federal Tax - 4.0
When people think of taxes, they usually think of the records needed to complete the income tax returns, the filing dates, any extensions, and, of course, the amount of money the taxpayer owes. However, there is another piece to the puzzle. Tax preparers also need to research tax issues. This research can occur before, during, or even after a return is prepared. This course provides an introduction to the area of tax research. Tax Research: Tax Law and Treasury Interpretations will reacquaint you with the Internal Revenue Code and Treasury Department regulations as well as interpretations, rulings, and procedures issued by the Internal Revenue Service. This course will teach you how to research tax issues and answer tax questions by consulting these tax materials.
Upon successful completion of this course, the user should be able to:
apply each of the six steps in the tax research process;
identify the divisions of the IRC and the legislative process behind tax law;
determine the proper citation of tax law and other issues concerning the Treasury Department and its regulations;
assess the relevance and authority of statutory, interpretative, and proposed regulations; and
explain IRS interpretations, revenue rulings, and revenue procedures.