A Technical Advice Memorandum is usually
A)an internal IRS document describing alternative legislative proposals.
B)part of a Tax Court decision.
C)requested by the taxpayer before entering into a taxable transaction.
D)issued by the national office in response to an audit request.

Question

Quizplus · Accepted Answer

A Technical Advice Memorandum (TAM) is a written advisory opinion issued by the national office of the IRS in response to a request from an IRS field office or taxpayer. TAMs provide guidance to IRS agents as they conduct audits or consider tax issues that may arise in the future. They are not made public and are not considered authoritative legal precedent, although they are considered persuasive authority for the specific issue addressed.

A Technical Advice Memorandum Is Usually