You are examining records for a new engagement. You note the tax return gross receipts and bank deposits (minus transfers) match. Since bank deposits match the tax return you can assume the tax returns are accurate.

True

False

The IRS has exclusive enforcement jurisdiction for the Internal Revenue Code.

True

False

If the IRS is conducting a criminal investigation, the subject of the investigation can involve a fifth amendment privilege against further tax fillings while under investigation.

True

False

The IRS may utilize a Summons to seize financial accounts and file a Levy to provide notice of unpaid federal tax debts.

True

False