Question 1(4 points)

Focus

By far, most FAQs and other items posted on thewww.irs.gov website donot constitute legal authority.

Question 1 options:

a)

True

b)

False

Question 2(4 points)

Under Reg. 1.6662, private letter rulings and technical advice memoranda issued after 10/31/76 constitute "authority" for purposes of determining "substantial authority".

Question 2 options:

a)

True.

b)	False; these sources constitute "substantial authority".

c)	False; private letter rulings do not constitute "authority".

Question 3(4 points)

The websitewww.irs.gov should not be solely relied on as authoritative guidance in all but a few situations.

Question 3 options:

a)	This statement is true.

b)	This statement is false.