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BUS 5435 - Tax and Financial Accounting Research

Library and web resources on tax and financial accounting research

Tax Research and Sources

Primary Tax authorities are:

  • Legislative - Federal Tax Laws: Internal Revenue Code

  • Administrative -Treasury Department Regulations

  • Judicial- Tax Cases (Federal Court Decisions)

Secondary sources explain, analyze, or interpret the primary sources, which are part of any tax research strategy.

  • Tax services

  • Law review articles

IRS Publications and Press Releases

  • Tax Journals and Newsletters

Useful Tools:

Tax Research Process

The tax research process involves working through the following steps:

1. Determine facts and circumstances.

2. Locate sources that address the issue.

3. Assess the validity of sources.

4. Update the file.

5. Resolve the issue:

  • Consider options and ramifications.
  • Consider nontax concerns
  • Consider cost-effectiveness.

6. Communicate the findings.

7. Document all work in the permanent file.

Source: Introduction to Taxation and How to Research from PennState World Campus