IRS Publications are informational booklets published by the IRS that provide taxpayers with detailed guidance on tax issues. These Publications cover a broad range of topics and can be as short as a...

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IRS Publications are informational booklets published by the IRS that provide taxpayers with detailed guidance on tax issues. These Publications cover a broad range of topics and can be as short as a page or two or as long as several hundred pages. For our first Tax Research Assignment, please select one IRS Publication(DO NOT CHOOSE PUBLICATION 17)and provide: 1) an explanation of why you chose the particular Publication; 2) a summary of the Publication's content; and 3) what you learned from the Publication.



  • Your paper should be at least 2 full pages of content, not including the Cover Page or References page.

  • Your paper should be double spaced.

  • Please state information in your own words and avoid copying and pasting large blocks of information from the internet. Be sure to properly include in-text citations for quoted material.

  • All IRS Publications can be found at IRS.gov-->Forms and Instruction-->Publications or directly at this address:https://apps.irs.gov/app/picklist/list/formsPublications.html. There are numerous IRS Publications - so please select one that is of interest to you.

  • Please note that some Publications are much longer than others.

  • Don't forget to include your reference list in APA style at the end of your paper.




7/4/22, 2:28 PM Tax Research Assignment 1 - ACCT 323 6981 Federal Income Tax I (2225) - UMGC Learning Management System https://learn.umgc.edu/d2l/lms/dropbox/user/folder_submit_files.d2l?ou=683772&isprv=0&db=1283223&cfql=0 1/6 Tax Rubric Course: ACCT 323 6981 Federal Income Tax I (2225) Analysis and Evaluation 25 5 Points 4 Points 3 Points 2 Points 1 Point 0 Points Criterion Score Qualitati ve Analysis / 5 Quantitat ive Analysis / 5 Effective Use of Resource s Specific to Your Project / 5 Effective Use of Resource s Specific to Our Course / 5 5 points 4 points 3 points 2 points 1 point 0 points 5 points 4 points 3 points 2 points 1 point 0 points 5 points 4 points 3 points 2 points 1 point 0 points 5 points 4 points 3 points 2 points 1 point 0 points 7/4/22, 2:28 PM Tax Research Assignment 1 - ACCT 323 6981 Federal Income Tax I (2225) - UMGC Learning Management System https://learn.umgc.edu/d2l/lms/dropbox/user/folder_submit_files.d2l?ou=683772&isprv=0&db=1283223&cfql=0 2/6 Analysis and Evaluation 25 5 Points 4 Points 3 Points 2 Points 1 Point 0 Points Criterion Score Ability to create a unified 'story' to meet goals of the deliverab le / 55 points 4 points 3 points 2 points 1 point 0 points Meets Presentati on Requireme nts 10 5 Points 4 Points 3 Points 2 Points 1 Points 0 Points Criterion Score Uses resources of our course / 5 Satisfies specific requirem ents for the presentat ion including on time submissi on / 5 5 points 4 points 3 points 2 points 1 point 0 points 5 points 4 points 3 points 2 points 1 point 0 points 7/4/22, 2:28 PM Tax Research Assignment 1 - ACCT 323 6981 Federal Income Tax I (2225) - UMGC Learning Management System https://learn.umgc.edu/d2l/lms/dropbox/user/folder_submit_files.d2l?ou=683772&isprv=0&db=1283223&cfql=0 3/6 Basic Content in Place 25 5 Points 4 Points 3 Points 2 Points 1 Point 0 Points Criterion Score Basic Content in Place 25 5 Points 4 Points 3 Points 2 Points 1 Point 0 Points Criterion Score Illustrate s knowledg e of foundatio n materials / 5 Demonst rates applicatio n of key course concepts / 5 Effective Use of Resource s Specific to Your Project / 5 Qualitati ve Analysis / 5 Quantitat ive Analysis / 5 5 points 4 points 3 points 2 points 1 point 0 points 5 points 4 points 3 points 2 points 1 point 0 points 5 points 4 points 3 points 2 points 1 point 0 points 5 points 4 points 3 points 2 points 1 point 0 points 5 points 4 points 3 points 2 points 1 point 0 points Advanced Content in Place 20 5 Points 4 Points 3 Points 2 Points 1 Points 0 Points Criterion Score 7/4/22, 2:28 PM Tax Research Assignment 1 - ACCT 323 6981 Federal Income Tax I (2225) - UMGC Learning Management System https://learn.umgc.edu/d2l/lms/dropbox/user/folder_submit_files.d2l?ou=683772&isprv=0&db=1283223&cfql=0 4/6 Advanced Content in Place 20 5 Points 4 Points 3 Points 2 Points 1 Points 0 Points Criterion Score Illustrate s knowledg e of course materials / 5 Demonst rates applicatio n of advanced course concepts / 5 Effective Use of Advance d Resource s Specific to Your Project / 5 Tells a story to meet the goals of the deliverab le / 5 5 points 4 points 3 points 2 points 1 point 0 points 5 points 4 points 3 points 2 points 1 point 0 points 5 points 4 points 3 points 2 points 1 point 0 points 5 points 4 points 3 points 2 points 1 point 0 points 7/4/22, 2:28 PM Tax Research Assignment 1 - ACCT 323 6981 Federal Income Tax I (2225) - UMGC Learning Management System https://learn.umgc.edu/d2l/lms/dropbox/user/folder_submit_files.d2l?ou=683772&isprv=0&db=1283223&cfql=0 5/6 Format including APA and Works Cited Specificati ons 10 5 Points 4 Points 3 Points 2 Points 1 Points 0 Points Criterion Score Format including APA and Works Cited Specificati ons 10 5 Points 4 Points 3 Points 2 Points 1 Points 0 Points Criterion Score Report prepared in your own words, avoiding excessive quotes / 5 Works Cited List with appropria te resources included / 5 5 points 4 points 3 points 2 points 1 point 0 points 5 points 4 points 3 points 2 points 1 point 0 points Clarity, mechanics , and formatting 10 5 Points 4 Points 3 Points 2 Points 1 Point 0 Points Criterion Score Single Spacing, Double Spacing between paragrap hs, page numbers / 55 points 4 points 3 points 2 points 1 point 0 points 7/4/22, 2:28 PM Tax Research Assignment 1 - ACCT 323 6981 Federal Income Tax I (2225) - UMGC Learning Management System https://learn.umgc.edu/d2l/lms/dropbox/user/folder_submit_files.d2l?ou=683772&isprv=0&db=1283223&cfql=0 6/6 Total / 100 Overall Score Clarity, mechanics , and formatting 10 5 Points 4 Points 3 Points 2 Points 1 Point 0 Points Criterion Score Reader focused, easy to follow, effective use of space such as charts and headings / 55 points 4 points 3 points 2 points 1 point 0 points 5 Points 5 points minimum 4 Points 4 points minimum 3 Points 3 points minimum 2 Points 2 points minimum 1 Point 1 point minimum 0 Points 0 points minimum
Answered Same DayJul 04, 2022

Answer To: IRS Publications are informational booklets published by the IRS that provide taxpayers with...

Nitish Lath answered on Jul 05 2022
81 Votes
Publication 541: Partnership
1) Explanation for choosing the publication
I have selected publication 541
dealing with the partnership. It provides federal income tax information for the partnership and the involved partners. This publication is of great interest to me as it provides details on the tax implications on the partnership firms. It includes details of the provisions applicable on the partners and their form. I am willing to operate a partnership form for my business and this publication is of great importance as it will help me in operating partnership legally. It gives guidance on the treatment of various expenses which are deductible and shows the manner in which partners should include partnership items on their tax return.
2) Summary of the content of publication
The partnership organization can be defined as the entity with two or more members when the members are carrying on trade, business and operations and dividing their profits. It is different from LLC as in partnership members are personally liable for the debts. It states that...
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