An Acquiescence Indicates That the IRS Lost a Court Case

question 46

True/False

An acquiescence indicates that the IRS lost a court case and that it has decided to follow the court's ruling in the future.

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Definitions:

Courses of Action

Various strategies or directions one might take to achieve a goal or solve a problem.

Problem

A situation, question, or issue that presents difficulty, uncertainty, or challenge, requiring resolution or solution.

Opportunity

A chance or set of circumstances that makes it possible to do something.

Programmed Decision

Decisions made in response to routine, predictable situations through the use of established procedures or rules.