Question: There are five steps that are generally considered necessary to perform tax research: Determine the facts, Identify the issues Locate applicable authorities Evaluate these authorities

There are five steps that are generally considered necessary to perform tax research:
Determine the facts, Identify the issues Locate applicable authorities
Evaluate these authorities
Analyze the facts and issues in terms of applicable authorities
Communicate conclusions and recommendations to others.
With respect to the third item, Identification of authorities
Briefly describe the above steps that are generally considered necessary to perform tax research.

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The International Accounting Standards Board is an example of one of the relevant authorities that help regulate Individual and Business income taxati... View full answer

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