Chapter 2: Foundational Tax and Legal Concepts Beyond the Blueprint

In this section

• Overview of the U.S. Tax System and Authorities
  Explore the constitutional foundations of U.S. taxation, the Internal Revenue Code, and the hierarchy of legislative, administrative, and judicial authorities governing federal tax law.
• Structure of the U.S. Court System for Tax Litigation
  Learn how tax disputes progress through the U.S. Courts, from the Tax Court and District Courts to the Court of Federal Claims, Circuit Courts of Appeals, and beyond.
• Sources of Law in Business and Tax (Statute, Regulation, Case Law)
  Gain a solid understanding of how statutory authority, Treasury regulations, and judicial precedents shape the legal and tax landscape for businesses and individuals. Explore key examples, hierarchies, and practical implications to build a holistic view essential for CPA exam readiness.
• Essential Legal Terminology and Concepts
  A comprehensive overview of fundamental legal vocabulary and principles for CPA REG candidates, covering contract law, agency, liability, statutory interpretation, and more.