a. What does the term hazards of litigation mean in the context of taxation? b. Why would

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a. What does the term “hazards of litigation” mean in the context of taxation?
b. Why would the IRS or a taxpayer settle or compromise a case based on the “hazards of litigation”?

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Federal Taxation 2016 Comprehensive

ISBN: 9780134104379

29th Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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Question Posted: Dec 11, 2015 01:29 AM

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a. What does the term hazards of litigation mean in the context of taxation? b. Why would

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a The term hazards of litigation refers to the probability of winning or losing a ...View the full answer

Federal Taxation 2016 Comprehensive

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