Identify which of the following statements is false.
A. The Tax Court can be used to litigate a tax issue without first paying the tax assessment.
B. A taxpayer may want to avoid using the Tax Court to litigate an issue because decisions from this court cannot be appealed.
C. In general, the taxpayer has the burden of proof in Tax Court cases. However, the IRS has the burden of proof for issues raised after the issuance of the 90-day letter.
D. In order to litigate in the Tax Court, a petition must be filed within 90 days of the issuance of a notice of deficiency.
Answer: B
You might also like to view...
What is guerilla marketing? How is it different from traditional marketing?
What will be an ideal response?
Government regulations on advertising and promotion are similar across all world countries
Indicate whether the statement is true or false
Total manufacturing costs increase the balance of the Work in Process Inventory account
Indicate whether the statement is true or false
On a bank reconciliation, the amount of an unrecorded bank service charge should be:
A. Deducted from the book balance of cash. B. Added to the bank balance of cash. C. Noted in memorandum form only. D. Added to the book balance of cash. E. Deducted from the bank balance of cash.