Kevin files a fraudulent income tax return and has a $20,000 income tax deficiency because of it. What is the amount of his penalty? a. $15,000 b. $10,000 c. $5,000 d. $20,000 ) In which of the following Courts is a jury trial available to decide tax controversies? a. The U.S. Tax Court b. The U.S. Tax Court, Small Claims Division c. The U.S. Court of Federal Claims d. The U.S. District Court for the Southern District of New York ) If you completed a complicated financial transaction in January and are not sure how to report it on your return next April, which type of IRS guidance or pronouncement should you ask for? a. A Private Letter Ruling (PLR) b. A Revenue Procedure c. A Determination Letter d. A Final Regulation 9) Which of the following is NOT a reason for the IRS to audit you? a. Some of your financial data available to the IRS trips a Discriminatory Inventory Function score that is inconsistent with their experience with similar returns b. You filed your Form 1040 tax return for 2022 income on March 15,2023 c. You misreported income reported to you on a 1099 d. You're 25, living in Gates Mills, driving a Lamborghini, frequently fly to Vegas, and you report $12,950 as your Adjusted Gross income. i0) Caroline filed her return and paid her $5,000 tax liability 14 months and 10 days too late. What is the total of her failure to file and failure to pay penaities? a. $0 b. $1,500 c. $1,250 d. $1,750 21) If Congress enacts a new law relating to tax and explicitly authorizes the Treasury Department to promulgate regulations that set forth the details of the law to reflect the intent of Congress, this type of regulation is called: a. Legislative regulation b. Interpretive regulation c. Procedural regulation d. Administrative regulation 22) If you are quite willing and able to pay your alleged tax deficiency up-front, you would like a jury trial in your home state of Ohio, and would like the ability to appeal your case if the jury decides against you, your best option is to bring your case before: a. The U.S. Tax Court when it comes to your area b. The U.S. Court of Federal Claims