Summary Report

Candidate:

VICTORIA CROSS

User Identifier 2:

VICTORIAECROSS@AOL.COM

User Identifier 3:

NONE

Quiz Title:

Topic 33 - Dealing with Tax Audits - Quiz

Overall Result:

PASS

Overall Score:

140/200

Percentage Score:

70

Passing Percentage:

70

Time Results Received:

May 28, 23:56:30, 2011

Time Spent:

00:25:40

Question Breakdown

Question Reference

Answer

Score

Time

What can you do to avoid having overdue taxes next year?

d

10

17.67s

If you believe your bill is wrong, let the IRS know as soon

d

10

13.74s

If you do not agree with any or all of the IRS findings, to

d

0

126.05s

Your return may be selected for examination on the basis of

c

10

22.16s

Karl had his 2005 income tax return examined resulting in ad

d

0

22.04s

By law, the IRS can share your tax information with

d

0

11.89s

For each tax and period, the IRS is required to notify you t

c

10

47.60s

Once Appeals makes a decision regarding your case, that deci

a

10

303.48s

You may represent yourself at the mediation session, or some

b

10

124.23s

Advising you on tax matters within the scope of the practiti

c

0

24.39s

The Internal Revenue Service offers fast track mediation ser

c

0

88.48s

This is an independent organization that provides low income

a

10

21.34s

Any tax court with proper jurisdiction, including the Tax Co

c

10

33.60s

The IRS tries to avoid repeat examinations of the same items

d

10

28.51s

If you don t agree with any or all of the IRS findings give

a

10

291.65s

If your examination takes place in the IRS office, you can r

b

10

15.56s

You have the right to be treated professionally, fairly, pro

d

10

35.67s

The Internal Revenue Service (IRS) accepts most federal retu

a

0

156.45s

If you filed a joint tax return, you are jointly and individ

d

10

27.56s

The IRS generally cannot levy against your property

c

10

128.44s

Summary Report

Candidate:

VICTORIA CROSS

User Identifier 2:

VICTORIAECROSS@AOL.COM

User Identifier 3:

NONE

Quiz Title:

Topic 33 - Dealing with Tax Audits - Assignment

Overall Result:

PASS

Overall Score:

160/200

Percentage Score:

80

Passing Percentage:

70

Time Results Received:

May 28, 23:11:19, 2011

Time Spent:

00:01:47

Question Breakdown

Question Reference

Answer

Score

Time

1 Your return may be selected for examination on the basis

c

10

6.92s

2 Your return may be selected for examination on the basis

d

10

2.80s

3 Your return may be selected for examination as a result o

d

10

2.78s

4 The person that represents you can be a federally authori

b

10

4.82s

5 Advising you on tax matters within the scope of the pract

c

0

5.81s

6 The IRS tries to avoid repeat examinations of the same it

d

10

2.50s

7 If your examination takes place in the IRS office, you ca

b

10

6.54s

8 File Form 1040X only after you have filed your original r

d

10

2.21s

9 The IRS has selected Frances 2009 tax return for examina

a

10

7.59s

10 Karl had his 2005 income tax return examined resulting i

d

0

6.21s

11 The examination of Linda s tax return for 2006 resulted

c

0

3.69s

12 During the course of examining Ollie s income tax return

d

10

9.63s

13 Harry claimed gambling losses on his income tax return

d

10

10.13s

14 In certain circumstances, the IRS will allow you to pay

c

10

2.66s

15 The IRS offers fast track meditation services to help ta

d

10

7.20s

16 The Internal Revenue Service (IRS) accepts most federal

a

0

4.27s

17 The IRS has the burden of initially producing evidence i

a

10

4.50s

18 Any tax court with proper jurisdiction, including the Ta

c

10

5.15s

19 If you are an individual, the period of limitations on c

b

10

8.69s

20 Federal tax overpayments can be used to offset past-due,

b

10

3.36s

Summary Report

Candidate:

VICTORIA CROSS

User Identifier 2:

VICTORIAECROSS@AOL.COM

User Identifier 3:

NONE

Quiz Title:

Topic 20 - Tax Deduction for Depreciation - Assignment

Overall Result:

FAIL

Overall Score:

120/200

Percentage Score:

60

Passing Percentage:

70

Time Results Received:

May 28, 23:05:06, 2011

Time Spent:

00:01:52

Question Breakdown

Question Reference

Answer

Score

Time

1 Look at the Form 1040 you prepared for Jim Samuels What

b

10

12.73s

2 Look at the Form 1040 you prepared for Jim Samuels What

b

0

2.87s

3 The maximum section 179 expense you can elect to deduct f

b

10

4.08s

4 Bob purchased a building and land to use in his business

b

10

3.52s

5 Henry exchanged an apartment building with a adjusted bas

b

0

6.11s

6 James bought and placed in service computer equipment in

b

10

11.40s

7 In 2009, Judy placed in service a machine that cost $207,

a

10

4.58s

8 Mike purchased a building lot in 2006 for $25,000 and con

c

0

5.31s

9 Arlene traded her old computer that she used in her busin

c

10

4.65s

10 John purchased a new gasoline-electric hybrid automobile

a

0

3.69s

11 Pat Snow bought a truck weighing 8,000 lbs She uses the

b

10

9.05s

12  The DL Partnership bought a truck for $28,000 and a tra

c

10

3.98s

13 The KL Partnership owned the following tangible propert

c

0

3.65s

14 Mike and Joe are equal partners in the Dandy Partnership

c

0

3.98s

15 James is a 50% partner in the AM Partnership The partn

c

0

7.41s

16 As of December 31, 2009, John is a 50% shareholder of XY

b

0

6.59s

17 Mary is the sole shareholder of A Company, Inc (an S Co

b

10

5.83s

18 Depreciation is an annual income tax deduction that allo

a

10

5.12s

19 Property that can be depreciated is property for which y

d

10

2.36s

20 You can depreciate most types of tangible and intangible

d

10

5.18s

Summary Report

Candidate:

VICTORIA CROSS

User Identifier 2:

VICTORIAECROSS@AOL.COM

User Identifier 3:

NONE

Quiz Title:

Topic 35 - Regulations of Practice - Quiz

Overall Result:

PASS

Overall Score:

140/200

Percentage Score:

70

Passing Percentage:

70

Time Results Received:

May 24, 05:44:10, 2011

Time Spent:

00:18:42

Question Breakdown

Question Reference

Answer

Score

Time

The following is considered practice before the IRS

d

10

95.93s

A new power of attorney revokes a prior power of attorney if

c

10

122.60s

The office of each district director, the office of each ser

a

0

11.49s

If the un-enrolled tax return preparer does not meet the req

b

0

14.93s

The Tax Court has its own rules of practice and procedure an

b

10

64.50s

A practitioner shall not represent a client before the Inter

b

10

12.99s

Incompetence or disreputable conduct for which a practitione

d

0

5.29s

A Centralized Authorization File (CAF) number generally will

c

10

8.56s

A power of attorney must contain

d

10

6.93s

The unenrolled preparer will not be expected to recognize qu

a

0

79.85s

An individual who prepares and signs a taxpayer s tax return

d

0

40.56s

A penalty will not be imposed on any part of an underpayment

b

10

20.27s

A taxpayer may revoke a power of attorney without authorizin

b

10

90.79s

Any individual engaged in limited practice before the IRS wh

a

10

7.48s

This is the Internal Revenue Service power of attorney form

b

10

48.11s

An appeal from the initial decision ordering disbarment is m

b

0

210.94s

The following is beyond the scope of authority permitted an

d

10

11.56s

Subject to certain limitations, an individual who is not a p

d

10

19.13s

Any individual may prepare a tax return, appear as a witness

a

10

11.19s

If no executor, administrator, or trustee name in the will i

c

10

239.35s

 

Hera's Income Tax School Education Results