IRS agents are bound only by which types of authority?
A) The Code.
B) The Code, administrative pronouncements and Supreme Court decisions.
C) Second and Ninth Circuit Court Decisions.
D) The Code and Regulations.

Question

Quizplus · Accepted Answer

IRS agents are bound by the Internal Revenue Code, administrative pronouncements (such as revenue rulings and revenue procedures), and Supreme Court decisions. These sources of authority provide guidance on how to interpret and apply the tax laws in specific situations. While circuit court decisions may be persuasive, they are not binding authority for IRS agents. Similarly, while the regulations have the force of law, they are not the only source of authority for IRS agents to rely on.

IRS Agents Are Bound Only by Which Types of Authority