ACC 455 Week 1 Individual Tax Return Position

May 8th, 2015
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ACC 455 Week 1 Individual Tax Return Position

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Tax Return PositionACC 455Date NameInstructor AbstractPrimary and secondary sources are explained, along with the substantial authority. The interpretation and application of the Internal Revenue Service and Courts are discussed. Tax Return PositionTax laws can be complicated because they are always changing and evolving. When reviewing how tax laws come about and where they are found, people need to understand the sources of tax laws. In the paragraphs below the explaination of primary and secondary sources are explained. Following the sources is substantial authority and understanding its meaning is important in interpreting tax laws. The last area broached will be explaining how tax laws are interpreted and applied by the courts and Internal Revenue Service.Primary SourcesTax laws are considered either primary or secondary. "The primary source is statuary, meaning laws passed by Congress or a state legislature" (Jennings, 2011, p. 1). In actuality the primary sources come from the 16th Admendment in the Constitution. Without this amendment the government would not have the power to make tax laws much less enforce them.This seems simple but each of these sources is the final step in a process of several agencies. With Congress the legislative process begins in the House of Representatives and the bill is formed by the House Ways and Means Committee. The committee goes through th

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