Tax Research 1
The purpose of this tax research assignment is to help you develop skills in researching tax issues. The final deliverable for this project will be a written memo which should be at least 2 and half pages double-spaced, 12 point font, 1" margins.
Assignment: Please answer the four questions below as completely as possible.
1) Compare and contrast the three types of tax law sources and give examples of each.
2) What are the basic differences between regulations, revenue rulings, and private letter rulings?
3) How is the Internal Revenue Code organized, and what are some reasons why understanding the organization of the Internal Revenue Code may prove useful?
4) In writing a case brief, what is the FICA model of analysis and what information should be presented in each of the sections on Facts, Issue, Conclusion, and Analysis?