True/False - Explain all False answers. You may also provide a response to True statements if you believe that the question is ambiguous. 1. Proposed regulations carry more weight than temporary regulations. 2. Procedural regulations are housekeeping-type instructions. 3. The granting of a writ of certiorari indicates that at least three members of the Supreme Court believe that an issue is of sufficient importance to be heard the full court. 4. New Jersey is the jurisdiction of the Eighth Circuit Court of Appeals. 5. The IRS is required to make a letter public. 6. Subchapter S refers to the "Partners and Partnership" section of the Internal Revenue Code. 7. A court generally will hold a legislative regulation to be invalid if warranted. 8. The IRS responds to a taxpayer request concerning the tax treatment of a completed transaction in a letter ruling. 9. The head of IRS operations is the Chief. 10. Recently, the overall Federal income tax audit rate for individual returns has been about 20%. 11. When the IRS issues a notice of tax due, the taxpayer has 90 days to either pay the tax or file a petition with the Tax Court. 12. Neither party can appeal decision of the Court small cases Division. 13. A $500 penalty is assessed if the tax preparer intentionally disregards IRS rules in completing the return. 14. The Statements on Standards for Tax Services apply to attorneys, as well as to CPAs. 15. When a practitioner discovers an error in a client's prior return, the Statements on Standards for Tax Services require that he or she immediately notify the client