South-Western Federal Taxation 2019: Individual Income Taxes (Intuit ProConnect Tax Online 2017 & RIA Checkpoint 1 term (6 months) Printed Access Card)
South-Western Federal Taxation 2019: Individual Income Taxes (Intuit ProConnect Tax Online 2017 & RIA Checkpoint 1 term (6 months) Printed Access Card)
42nd Edition
ISBN: 9781337702546
Author: James C. Young, William H. Hoffman, William A. Raabe, David M. Maloney, Annette Nellen
Publisher: Cengage Learning
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Chapter 2, Problem 1DQ
To determine

Identify a large part of the tax research consists.

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Explanation of Solution

Tax research: It is a process of solving the problems which are related to the tax by applying a certain sets of facts. It is conducted to find out the tax consequences of transactions to a particular tax payer. Usually it is conducted to formulate the tax policies.

The most part of the tax research consists of determining the intent of Congress. Tax research allows the individuals (both taxpayers and tax practitioners) to comprehend, assess, and apply the tax law to the questions that are brought up by the tax payers and tax practitioners.

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