DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2020 Edition 11th E
m m m m m m m m m m m m
dition Spilker m
Essentialsm ofm Federalm Taxation,m 11em (Spilker)
Chapterm2 TaxmCompliance,mthemIRS,mandmTaxmAuthorities
1) Corporationsmaremrequired mtomfilemamtaxmreturnmannuallymregardlessmof mtheirmtaxablemincome.
Answer:m TRUEmDifficult
y:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mMeasurement m/mReflectivemThinking
2) Themtaxmreturnmfilingmrequirementsmformindividualmtaxpayersmonlymdepend monmthemtaxpaye
r'smfilingmstatus.
Answer:m FALSEmDifficul
ty:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mMeasurement m/mReflectivemThinking
3) If mamtaxpayermismduemamrefund,mshemdoesmnot mhavemtomfilemamtaxmreturn.
Answer:m FALSEmDifficul
ty:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mMeasurement m/mReflectivemThinking
1
Copyright m2020 m©mMcGraw-
HillmEducation.mAllmrightsmreserved.mNo mreproduction mormdistribution mwithout mthempriormwritten mconsent mof mMc
Graw-HillmEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2020 Edition 11th E
m m m m m m m m m m m m
dition Spilker m
4) If mAprilm15th mfallsmonmamSaturday,mthemduemdatemformindividualmtaxmreturnsmwillmbemonmMond
ay,mAprilm17th m(assumingmit mismnot mamholiday).
Answer:m TRUEmDifficult
y:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mMeasurement m/mReflectivemThinking
5) If manmindividualmtaxpayermismunablemtomfilemamtaxmreturnmbymitsmoriginalmduemdate,mthemtaxpayerm
canmrequest manmautomaticmnine-monthmextensionmtomfilemthemreturn.
Answer:m FALSEmDifficul
ty:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mResearchm/mReflectivemThinking
6) Anmextensionmtomfilemamtaxmreturnmdoesmnot mextend mthemduemdatemformtaxmpayments.
Answer:m TRUEmDifficult
y:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mResearchm/mReflectivemThinking
7) Themstatutemof mlimitationsmformIRSmassessment mgenerallymendsmfourmyearsmaftermthemdatemamt
axmreturnmismfiled.
Answer:m FALSEmDifficul
ty:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
2
Copyright m2020 m©mMcGraw-
HillmEducation.mAllmrightsmreserved.mNo mreproduction mormdistribution mwithout mthempriormwritten mconsent mof mMc
Graw-HillmEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2020 Edition 11th E
m m m m m m m m m m m m
dition Spilker m
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mResearchm/mReflectivemThinking
3
Copyright m2020 m©mMcGraw-
HillmEducation.mAllmrightsmreserved.mNo mreproduction mormdistribution mwithout mthempriormwritten mconsent mof mMc
Graw-HillmEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2020 Edition 11th E
m m m m m m m m m m m m
dition Spilker m
8) Formfraudulent mtaxmreturns,mthemstatutemof mlimitationsmformIRSmassessment mism10myears.
Answer:m FALSEmDifficul
ty:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mResearchm/mReflectivemThinking
9) ThemIRSmDIFmsystemmchecksmeachmtaxmreturnmformmathematicalmmistakesmand merrors.
Answer:m FALSEmDifficul
ty:m2mMedium
Topic:m m IRSmAudit mSelection
LearningmObjective:m 02-
02mOutlinemthemIRSmaudit mprocess,mhow mreturnsmaremselected,mthemdifferent mtypesmof maudits,mand m
what mhappensmaftermthemaudit.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mResearchm/mReflectivemThinking
10) Joelmreported mamhighmamount mof mcharitablemcontributionsmasmamdeductionmonmhismindividualmta
xmreturnmrelativemtomtaxpayersmwithmsimilarmincomemlevels.m Theminformationm matchingmprogrammi
smthemIRSmprogrammmost mlikelymtomidentifymJoel'smtaxmreturnmformaudit.
Answer:m FALSEmDifficul
ty:m2mMedium
Topic:m m IRSmAudit mSelection
LearningmObjective:m 02-
02mOutlinemthemIRSmaudit mprocess,mhow mreturnsmaremselected,mthemdifferent mtypesmof maudits,mand m
what mhappensmaftermthemaudit.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mResearchm/mReflectivemThinking
11) Officemexaminationsmaremthemmost mcommonmtypemof mIRSmaudit.
Answer:m FALSEmDifficul
ty:m2mMedium
Topic:m m IRSmAudit mSelection
LearningmObjective:m 02-
02mOutlinemthemIRSmaudit mprocess,mhow mreturnsmaremselected,mthemdifferent mtypesmof maudits,mand m
what mhappensmaftermthemaudit.
4
Copyright m2020 m©mMcGraw-
HillmEducation.mAllmrightsmreserved.mNo mreproduction mormdistribution mwithout mthempriormwritten mconsent mof mMc
Graw-HillmEducation.
mynursytest.store
m m m m m m m m m m m m
dition Spilker m
Essentialsm ofm Federalm Taxation,m 11em (Spilker)
Chapterm2 TaxmCompliance,mthemIRS,mandmTaxmAuthorities
1) Corporationsmaremrequired mtomfilemamtaxmreturnmannuallymregardlessmof mtheirmtaxablemincome.
Answer:m TRUEmDifficult
y:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mMeasurement m/mReflectivemThinking
2) Themtaxmreturnmfilingmrequirementsmformindividualmtaxpayersmonlymdepend monmthemtaxpaye
r'smfilingmstatus.
Answer:m FALSEmDifficul
ty:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mMeasurement m/mReflectivemThinking
3) If mamtaxpayermismduemamrefund,mshemdoesmnot mhavemtomfilemamtaxmreturn.
Answer:m FALSEmDifficul
ty:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mMeasurement m/mReflectivemThinking
1
Copyright m2020 m©mMcGraw-
HillmEducation.mAllmrightsmreserved.mNo mreproduction mormdistribution mwithout mthempriormwritten mconsent mof mMc
Graw-HillmEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2020 Edition 11th E
m m m m m m m m m m m m
dition Spilker m
4) If mAprilm15th mfallsmonmamSaturday,mthemduemdatemformindividualmtaxmreturnsmwillmbemonmMond
ay,mAprilm17th m(assumingmit mismnot mamholiday).
Answer:m TRUEmDifficult
y:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mMeasurement m/mReflectivemThinking
5) If manmindividualmtaxpayermismunablemtomfilemamtaxmreturnmbymitsmoriginalmduemdate,mthemtaxpayerm
canmrequest manmautomaticmnine-monthmextensionmtomfilemthemreturn.
Answer:m FALSEmDifficul
ty:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mResearchm/mReflectivemThinking
6) Anmextensionmtomfilemamtaxmreturnmdoesmnot mextend mthemduemdatemformtaxmpayments.
Answer:m TRUEmDifficult
y:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mResearchm/mReflectivemThinking
7) Themstatutemof mlimitationsmformIRSmassessment mgenerallymendsmfourmyearsmaftermthemdatemamt
axmreturnmismfiled.
Answer:m FALSEmDifficul
ty:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
2
Copyright m2020 m©mMcGraw-
HillmEducation.mAllmrightsmreserved.mNo mreproduction mormdistribution mwithout mthempriormwritten mconsent mof mMc
Graw-HillmEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2020 Edition 11th E
m m m m m m m m m m m m
dition Spilker m
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mResearchm/mReflectivemThinking
3
Copyright m2020 m©mMcGraw-
HillmEducation.mAllmrightsmreserved.mNo mreproduction mormdistribution mwithout mthempriormwritten mconsent mof mMc
Graw-HillmEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Essentials of Federal Taxation 2020 Edition 11th E
m m m m m m m m m m m m
dition Spilker m
8) Formfraudulent mtaxmreturns,mthemstatutemof mlimitationsmformIRSmassessment mism10myears.
Answer:m FALSEmDifficul
ty:m1mEasy
Topic:m m TaxpayermFilingmRequirements
LearningmObjective:m 02-
01mIdentifymthemfilingmrequirementsmformincomemtaxmreturnsmand mthemstatutemof mlimitationsmfor
massessment.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mResearchm/mReflectivemThinking
9) ThemIRSmDIFmsystemmchecksmeachmtaxmreturnmformmathematicalmmistakesmand merrors.
Answer:m FALSEmDifficul
ty:m2mMedium
Topic:m m IRSmAudit mSelection
LearningmObjective:m 02-
02mOutlinemthemIRSmaudit mprocess,mhow mreturnsmaremselected,mthemdifferent mtypesmof maudits,mand m
what mhappensmaftermthemaudit.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mResearchm/mReflectivemThinking
10) Joelmreported mamhighmamount mof mcharitablemcontributionsmasmamdeductionmonmhismindividualmta
xmreturnmrelativemtomtaxpayersmwithmsimilarmincomemlevels.m Theminformationm matchingmprogrammi
smthemIRSmprogrammmost mlikelymtomidentifymJoel'smtaxmreturnmformaudit.
Answer:m FALSEmDifficul
ty:m2mMedium
Topic:m m IRSmAudit mSelection
LearningmObjective:m 02-
02mOutlinemthemIRSmaudit mprocess,mhow mreturnsmaremselected,mthemdifferent mtypesmof maudits,mand m
what mhappensmaftermthemaudit.
Bloom's:m m Remember
Accessibility:m Keyboard mNavigation;mScreenmReadermCompatiblemAICPA/
AACSB:m FN mResearchm/mReflectivemThinking
11) Officemexaminationsmaremthemmost mcommonmtypemof mIRSmaudit.
Answer:m FALSEmDifficul
ty:m2mMedium
Topic:m m IRSmAudit mSelection
LearningmObjective:m 02-
02mOutlinemthemIRSmaudit mprocess,mhow mreturnsmaremselected,mthemdifferent mtypesmof maudits,mand m
what mhappensmaftermthemaudit.
4
Copyright m2020 m©mMcGraw-
HillmEducation.mAllmrightsmreserved.mNo mreproduction mormdistribution mwithout mthempriormwritten mconsent mof mMc
Graw-HillmEducation.
mynursytest.store
