Please assist with the below. Instructions: Review the Checkpoint Quick Reference Guide and User Guide. Perform your tax research utilizing Checkpoint for each of the exercises. See Chapter 2 for...


Please assist with the below.


Instructions: Review the Checkpoint Quick Reference Guide and User Guide. Perform your tax research utilizing Checkpoint for each of the exercises. See Chapter 2 for guidance.




1) Give the title and brief description (no more than two sentences) of each of the following Internal Revenue Code Sections:
a. Sec. 24
b. Sec. 41
c. Sec. 61
d. Sec. 62
e. Sec. 63
f. Sec. 64
g. Sec. 74
h. Sec. 151
i. Sec. 152
j. Sec. 162
k. Sec. 167
l. Sec. 168
m. Sec. 170
n. Sec. 212
o. Sec. 213
p. Sec. 215
q. Sec. 262
r. Sec. 274
s. Sec. 1221
t. Sec. 1231




2) a. Give the title and state the general rules for Treasury Regulation
1.401(k)-1.
b. Give the title of Treasury Regulation 1.501(c)(3)-1. Within this section,
only cite the section for “Exempt Purposes” and list the organizations
that may be exempt.




3) Find the court decision located at 52-1 USTC 9343.
a. Give the case name.
b. What court heard the case?
c. When was the case decided?
d. Give a brief description of this case and what was the judge’s opinion?




4) Find the court decision located at 1 AFTR2d 1158.
a. Give the case name.
b. What court heard the case?
c. When was the case decided?
d. What is the disposition of the case?
e. Briefly explain the subject matter of the case.




5) Research the following case. Give the citation, date of decision or date issued, tax year(s), disposition and subject matter.
a. Thor Power Tool Co. v. Comm. (Supreme Court decision)



Jun 10, 2022
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