Discussion

Discussion #1

Locate a revenue ruling or other regulation.  Explain what the ruling/regulation covers and how you might use that is support in your tax research.  Also, identify any areas that you feel might be considered vague and open to interpretation.          

Discussion #2

What is an IRS Announcement?  When is it used?  In your opinion, could a tax practitioner rely on an IRS Announcement as authority for a tax return position?  Would your answer change at all if we are talking about an IRS Notice?