Briefly describe the subject covered in the following revenue procedures. Discuss whether each is still authoritative. a.
Question:
a. Rev. Proc.2002-12
b. Rev. Proc. 98-1
c. Rev. Proc. 95-35
d. Rev. Proc. 75-21, 1975-1 CB 715
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a Rev Proc 200212 20023 IRB 374 or IRB 20023 374 This procedure provides a safe harbor accounting method to taxpayers engaged in the trade or business ...View the full answer
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