Which of the following statements about an acquiescence is correct?
A)An acquiescence is issued in the Federal Register.
B)Acquiescences are published only for certain regular decisions of the U.S. Tax Court.
C)An acquiescence is published in the Internal Revenue Bulletin.
D)The IRS does not issue acquiescences to adverse decisions that are not appealed.
E)All of the above are correct.

Question

Quizplus · Accepted Answer

An acquiescence is published in the Internal Revenue Bulletin, not the Federal Register. Acquiescences can be issued for any adverse decision of a U.S. Tax Court or other court, not just certain regular decisions. The IRS may also issue an acquiescence even if the decision was not appealed.

Which of the Following Statements About an Acquiescence Is Correct