True or False?

1. The tax court has Jurisdiction over clients that would offset the refund due to a taxpayer.

2. Revenue rulings, revenue procedures, and all U.S. Supreme Courts decision on federal tax matters are published in the Internal Revenue Bulletin (IRB).

3.XYZ Inc a calendar year corporation reported a net capital loss on its year 4 tax return. The loss was carried back to the year 1 tax return for a tax refund. The claim for refund was filed on July 15, year 5. The refund was paid by the internal revenue service on august 20, year 5, XYZ will receive interest on the refund for the period march 15, year 5, to July 15, year 5.

4. If a joint return is involved and the husband and wife are to be represented by the same representative, the power of attorney requires the signature of both husband and wife unless one spouse is duly authorized in writing to sign for other spouse.

5. Both the taxpayer and the government may appeal "small tax case procedure" decision of the tax court to the appropriate court of appeals