Source of Tax Research Starting any tax research, assessing, or finding sources of tax research is imperative to tax planning, preparers, and auditors. The level of research, findings, and access is not limited to just regulations and reviews but also includes publications, amendments, and newsletters. The goal is to always make sure that the tax situation is supported by fact based research. This ensures that if the client is faced with audits by a given tax organization whether it be State or Federal that all proper steps and guidelines were used to properly guide the client. Below will be include of the authority of sources, where you can find those sources, and what tax situations they would help
Tax Research
Tax research is the basic
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Per (Dennis-Escoffier & Fortin, 2017) you have primary and secondary sources of authority and each one always for proper research and understanding of tax rules, regulations, and amendments (p. 67). Primary sources are true regulations and court decisions that have been enacted per Congress and carry the most weight over secondary sources. Both sources, allow the tax preparer to obtain the knowledge and information necessary to establish facts for tax situations. Primary sources have the most authority and are true sources of law and that come from a branch of government Congress, Courts, and Treasury regulations according to (Lindley, S & Jong, R, 1999, Tax Research A Hierarchy of Authorities, retrieved from http://www.americanbar.org/content/newsletter/publications/gp_solo_magazine_home/gp_solo_magazine_index/99janlindley.html). Secondary sources are journals, newsletters, and publications that still carry weight but are not the primary source when it comes to tax research or preparation.
Primary & Secondary
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Primary sources can be found via the Internal Revenue Code, treasury regulations through the committee reports, and IRS announcements and Notices per (Dennis-Escoffier & Fortin, 2017) (p. 67). Majority of these sources are free by reviewing the IRS website at www.irs.gov. You can find many tax situations with the primary source of research as this is the true source of tax laws and what is truly the standard for tax research and preparation. Secondary sources are generalized as newsletters, publications, and general opinion of tax preparers. Examples of secondary would be the IRS website, tax guides, and tax preparation sites such as Turbo Tax, H&R Block. These sources are generally not free and require you to pay or to utilize once a year when filing your own taxes. Secondary sources are used for a resource factor to help generalize the official tax law and to put a better interpretation on the law. This would be good for research purposes when you are looking for a certain tax situation for a client or a question that isn’t quite in a standard law but between the lines. Maybe, how a tax credit should be taken for this situation or a business tax for a
Within the realm of history, a source of evidence is essential in order to differentiate the fact from fiction. This is why a primary source is so vital! Because, a primary source provides the reader with direct evidence of an event or a speech; giving them a better understanding of the material. The only problem is: these sources do not provide the full facts, leaving the readers with a plethora of questions. Don’t get me wrong though, the readers should be asking a lot of questions! Because, with all of those questions, the reader can be engaged with the content in order to find some concrete evidence.
Primary data is data which your business or you find and gather data to analyse. By you or the business finding the data this makes it primary because the data belongs to you making it original. The different ways to gather data is surveys and interviews by collecting data like this makes it original and reliable.
Also, the primary sources I will be incorporating in my lessons, which are a song, photographs, documents, and images. Also, the secondary sources I will be using are books, charts, class notes, and the class textbook.
Primary sources are used by people who have experienced specific events in their lives. They allow a reader to connect to them on a more relatable basis. Primary sources are also very reliable because the author of a book or newspaper article, for example, was actually there. So they have all the evidence they need for what is being documented. The Jungle, by Upton Sinclair, is a primary source because Jurgis actually went through the hard labor conditions that occurred in the Progressive Era (1900-1916). The Jungle puts a face to the issues of grueling work hours, poor working conditions, unbearable living arrangements, exploitation of the poor, and uneducated working class. Issues of Industrial Democracy, child labor, and the minimum wage became so important to Americans during this period. This Era saw a change in some of the main reasons that controlled American individualism after the unrestrained years of the late 19th century; arguments over labor, social conflict, and unstable economy.
What type of primary source is this? How is this type of primary source different from or unique when compared to other types of primary sources?
This document is a primary sources document because this is an report of what’s actually happen during the event. In this case, it’s a report about south after the Civil war by Carl Schurz which he went to the south and report about how the people in the south is doing.
Primary information is data which is found first-hand and can be collected via questionnaires, surveys, and interviews/focus sessions. Primary information is more dependable on rather than Secondary
Smith used both primary sources and secondary sources. "According to the Ithaca College Library, a primary source provides direct or firsthand evidence about an event, object, person, or work of art and a secondary source describe, discuss, interpret, comment upon, analyze, evaluate, summarize, and process primary sources." Dr. Smith found his primary sources by researching historical documents, learn who existed in Prague, Oklahoma, and by going to Prague himself. To find his secondary sources, Dr. Smith looked at books about the history of Prague, Oklahoma, articles from newspapers and magazines, and by giving interviews. In Dr. Smith's book, it had more secondary sources than primary sources, so most of the information that was in Dr. Smith's book was from a secondary
In law research, according to Yell (2016), “Primary sources are actual statements of the law” (p.14). Yell also mentions the three categories of primary sources; “laws or statues created by either federal or state legislatures and signed in to the law, regulations promulgated by administrative agencies to implement the statues, and judicial decisions the interpret that statutes and regulations” (p. 14).
This is a primary source because this article was written in History. It is the original article written by a former African slave. It is not written by a historian, it was written while slavery was current.
Primary research. This has to be gathered first and to answer certain questions that are related to the project; therefore it is more time consuming and expensive. Primary research is considered to be a reliable source of information as it is coming directly from consumers.
Secondary sources are broader. These particular sources are almost the third parties to primary sources. Secondary sources use the information from primary sources to complete research and theories of a time in history. One example is a historian can write an article based
Primary and secondary sources are ways in which data can be retrieved. As Serakan (2006) stated, “Primary data refer to information obtained by the researcher on the variables of interest for the specific purpose of the study”. Various evidence suggesting to what methods of primary research can be conducted and which are most effective for the previously mentioned problem description are stated in this chapter.
An authoritative source is an article or source that an expert wrote or approved. The best way to get an authoritative source is to get it from a respected organization. We can also trust sources with certain credentials like medical info from the Centers for Disease Control. A primary source is a person who has direct knowledge of the information. An example is a witness of an event. A secondary source is someone who interviews a primary source. Examples of this would be a reporter or a journalist. A tertiary source is a source that is removed from the primary source by three levels, so someone who watches the reporter on TV give the story would be a tertiary source.
Secondary research is the process of searching published reports, articles, and books for information other people have collected.