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15 Cards in this Set
- Front
- Back
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Four Divisions of the IRS |
1. Wage and investment 2. Small business/ self-employed 3. Large business/ international 4. Tax exempt government entities |
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IRS Commissioner |
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IRS Chief Counsel |
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Revenue rulings |
Relied upon by taxpayers for guidance on tax issues |
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Effects of subsequent publications |
1. Amplified 2. Clarified 3. Distinguished 4. Obseleted 5. Revoked 6. Superseded 7. Supplemented 8. Suspended |
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Amplified |
Prior revenue ruling is being expanded |
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Clarified |
Language in a prior ruling is being made clear |
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Distinguished |
New revenue ruling cites prior ruling but points out an essential difference often in the facts |
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Obsoleted |
revenue ruling ruled obsolete due to changes in laws or regulations |
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Revoked |
prior position is not correct and the correct position is being restated in a new ruling |
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Superseded |
restates the decision made in a previous publication |
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Supplemented |
used in situations in which a list is used in a ruling that is expanded by adding further items to the list |
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Suspended |
previous published ruling will not be applied temporarily pending the outcome of cases in litigation |
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Doctrine of concession |
Tax court will generally not allow the IRS to take a position in a case against a taxpayer if it contradicts a Revenue Ruling |
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Revenue procedures |
give public guidance on procedural rules and issues; provide instructions as to particular procedures that must be followed by taxpayers |
