Discussion 2 – What is an IRS Announcement

D2

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Instructions: 

At least 3 paragraphs long with 3 peer-reviewed references.

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? 

Explanation & Answer

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