a. What does the term "hazards of litigation" mean in the context of taxation? Why would the IRS or a taxpayer settle or compromise a case based on the "hazards of litigation"? b. a. What does the term "hazards of litigation" mean in the context of taxation? The term "hazards of litigation" refers to the of b. Why would the IRS or a taxpayer settle or compromise a case based on the "hazards of litigation"? Because of the possibility that a case may be and the of litigation, both the IRS and taxpayers frequently settle a case to The IRS may also decide to settle a case because it does not want to establish precedent of cases in a specific area. a. What does the term "hazards of litigation" mean in the context of taxation? Why would the IRS or a taxpayer settle or compromise a case based on the "hazards of litigation"? b. a. What does the term "hazards of litigation" mean in the context of taxation? The term "hazards of litigation" refers to the of b. Why would the IRS or a taxpayer settle or compromise a case based on the "hazards of litigation"? Because of the possibility that a case may be and the of litigation, both the IRS and taxpayers frequently settle a case to The IRS may also decide to settle a case because it does not want to establish precedent of cases in a specific area