Individual tax filing requirements and circumstances can change, so it is important to be familiar with the research tools available to you as a tax practitioner. In this discussion, you will consider research resources available for tax preparers and how they can be used in the field.

• What are the available commercial and noncommercial tax resources that you could utilize as a tax practitioner? 
• Which commercial resource do you think is the most beneficial to a tax practitioner? (Note that you will not be able to access the commercial resources but can find their features on their website.)
• Which noncommercial resource do you think is the most beneficial to a tax practitioner?
• How might you use the tax research process for utilizing tax resources in preparing individual tax returns? (Think about ways you could use this process to support you in completing Final Project Two.)

When responding to your peers, choose peers who selected a different resource (commercial or noncommercial) than the one you wrote about in your initial post. What are the benefits of the resource your peer chose? In what ways is the resource you chose in your initial post different than your peer’s resource?

 

      

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Response to robert Originally, commercial tax services would be categorized as either annotated, organized by Internal Revenue Code, or topical, organized by major topics (Maloney et al., 2020). However, with the movement towards electronic tax research, these categories no longer truly apply as many resources combine elements of both categories (Maloney et al., 2020). Some commercial tax services currently available to be utilized by tax practitioners include: 1. Standard Federal Tax Reporter, Commerce Clearing House (Maloney et al., 2020). 2. CCH IntelliConnect, Commerce Clearing House-the online version of the Standard Federal Tax Reporter (along with other CCH materials) (Maloney et al., 2020). 3. United States Tax Reporter, Research Institute of America, Thomson Reuters (Maloney et al., 2020). 4. Thomson Reuters Checkpoint, Research Institute of America the online versions of RIA's Federal Tax Coordinator 2d and United States Tax Reporter (Maloney et al., 2020). 5. Practical Tax Expert, CCH/Wolters Kluwer (Maloney et al., 2020). 6. Tax Management Portfolios, Bloomberg BNA (Maloney et al., 2020). 7. Mertens Law of Federal Income Taxation, Thomson Reuters (Maloney et al., 2020). 8. Thomson Reuters Westlaw and WestlawNext- compilations include access to Tax Management Portfolios, Federal Tax Coordinator 2d, and Mertens (Maloney et al., 2020). 9. LexisNexis TaxCenter-a compilation of primary sources and various materials taken from CCH, Matthew Bender, Kleinrock, and Bloomberg BNA (Maloney et al., 2020). Among this wide variety of commercial resources, the one that stands out as the most beneficial to tax practitioners is #3 United States Tax Reporter Series put together and provided by the Research Institute of America and Thomson Reuters. This series of tax resources provide a, "comprehensive, up-to-date source of federal income tax law via the Internal Revenue Code, regulations, committee reports, cases, rulings, explanations, and annotations of cases and rulings" (Thomson Reuters, n.d.). Not only does this Response to robert Originally, commercial tax services would be categorized as either annotated, organized by Internal Revenue Code, or topical, organized by major topics (Maloney et al., 2020). However, with the movement towards electronic tax research, these categories no longer truly apply as many resources combine elements of both categories (Maloney et al., 2020). Some commercial tax services currently available to be utilized by tax practitioners include: 1. Standard Federal Tax Reporter, Commerce Clearing House (Maloney et al., 2020). 2. CCH IntelliConnect, Commerce Clearing House-the online version of the Standard Federal Tax Reporter (along with other CCH materials) (Maloney et al., 2020). 3. United States Tax Reporter, Research Institute of America, Thomson Reuters (Maloney et al., 2020). 4. Thomson Reuters Checkpoint, Research Institute of America the online versions of RIA's Federal Tax Coordinator 2d and United States Tax Reporter (Maloney et al., 2020). 5. Practical Tax Expert, CCH/Wolters Kluwer (Maloney et al., 2020). 6. Tax Management Portfolios, Bloomberg BNA (Maloney et al., 2020). 7. Mertens Law of Federal Income Taxation, Thomson Reuters (Maloney et al., 2020). 8. Thomson Reuters Westlaw and WestlawNext- compilations include access to Tax Management Portfolios, Federal Tax Coordinator 2d, and Mertens (Maloney et al., 2020). 9. LexisNexis TaxCenter-a compilation of primary sources and various materials taken from CCH, Matthew Bender, Kleinrock, and Bloomberg BNA (Maloney et al., 2020). Among this wide variety of commercial resources, the one that stands out as the most beneficial to tax practitioners is #3 United States Tax Reporter Series put together and provided by the Research Institute of America and Thomson Reuters. This series of tax resources provide a, "comprehensive, up-to-date source of federal income tax law via the Internal Revenue Code, regulations, committee reports, cases, rulings, explanations, and annotations of cases and rulings" (Thomson Reuters, n.d.). Not only does this Response to robert Originally, commercial tax services would be categorized as either annotated, organized by Internal Revenue Code, or topical, organized by major topics (Maloney et al., 2020). However, with the movement towards electronic tax research, these categories no longer truly apply as many resources combine elements of both categories (Maloney et al., 2020). Some commercial tax services currently available to be utilized by tax practitioners include: 1. Standard Federal Tax Reporter, Commerce Clearing House (Maloney et al., 2020). 2. CCH IntelliConnect, Commerce Clearing House-the online version of the Standard Federal Tax Reporter (along with other CCH materials) (Maloney et al., 2020). 3. United States Tax Reporter, Research Institute of America, Thomson Reuters (Maloney et al., 2020). 4. Thomson Reuters Checkpoint, Research Institute of America the online versions of RIA's Federal Tax Coordinator 2d and United States Tax Reporter (Maloney et al., 2020). 5. Practical Tax Expert, CCH/Wolters Kluwer (Maloney et al., 2020). 6. Tax Management Portfolios, Bloomberg BNA (Maloney et al., 2020). 7. Mertens Law of Federal Income Taxation, Thomson Reuters (Maloney et al., 2020). 8. Thomson Reuters Westlaw and WestlawNext- compilations include access to Tax Management Portfolios, Federal Tax Coordinator 2d, and Mertens (Maloney et al., 2020). 9. LexisNexis TaxCenter-a compilation of primary sources and various materials taken from CCH, Matthew Bender, Kleinrock, and Bloomberg BNA (Maloney et al., 2020). Among this wide variety of commercial resources, the one that stands out as the most beneficial to tax practitioners is #3 United States Tax Reporter Series put together and provided by the Research Institute of America and Thomson Reuters. This series of tax resources provide a, "comprehensive, up-to-date source of federal income tax law via the Internal Revenue Code, regulations, committee reports, cases, rulings, explanations, and annotations of cases and rulings" (Thomson Reuters, n.d.). Not only does this Response to robert Originally, commercial tax services would be categorized as either annotated, organized by Internal Revenue Code, or topical, organized by major topics (Maloney et al., 2020). However, with the movement towards electronic tax research, these categories no longer truly apply as many resources combine elements of both categories (Maloney et al., 2020). Some commercial tax services currently available to be utilized by tax practitioners include: 1. Standard Federal Tax Reporter, Commerce Clearing House (Maloney et al., 2020). 2. CCH IntelliConnect, Commerce Clearing House-the online version of the Standard Federal Tax Reporter (along with other CCH materials) (Maloney et al., 2020). 3. United States Tax Reporter, Research Institute of America, Thomson Reuters (Maloney et al., 2020). 4. Thomson Reuters Checkpoint, Research Institute of America the online versions of RIA's Federal Tax Coordinator 2d and United States Tax Reporter (Maloney et al., 2020). 5. Practical Tax Expert, CCH/Wolters Kluwer (Maloney et al., 2020). 6. Tax Management Portfolios, Bloomberg BNA (Maloney et al., 2020). 7. Mertens Law of Federal Income Taxation, Thomson Reuters (Maloney et al., 2020). 8. Thomson Reuters Westlaw and WestlawNext- compilations include access to Tax Management Portfolios, Federal Tax Coordinator 2d, and Mertens (Maloney et al., 2020). 9. LexisNexis TaxCenter-a compilation of primary sources and various materials taken from CCH, Matthew Bender, Kleinrock, and Bloomberg BNA (Maloney et al., 2020). Among this wide variety of commercial resources, the one that stands out as the most beneficial to tax practitioners is #3 United States Tax Reporter Series put together and provided by the Research Institute of America and Thomson Reuters. This series of tax resources provide a, "comprehensive, up-to-date source of federal income tax law via the Internal Revenue Code, regulations, committee reports, cases, rulings, explanations, and annotations of cases and rulings" (Thomson Reuters, n.d.). Not only does this

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My post According to Congress Joint Committee on Taxation 2018 available commercial and noncommercial tax resources that a tax practitioner can utilize include but are not limited to CCH Tax Research ... View the full answer