Central to tax accounting is understanding the tax system, where to locate the relevant authority and answer tax questions. In general the sources of tax authority emerge from one of three sources, Legislative (the internal revenue code), Administrative (regulations), or the Supreme Court (Dennis-Escoffier & Fortin, 2020). The link listed below includes searchable resources for the Internal Revenue Code (Congress), Treasury Tax Regulations (Code of Federal Regulations), and Other Official Tax Guidance.

Review the information at the link for IRS Tax Code, Regulations, and Official Guidance and answer the following prompts:

Write a description of; (a) ways these authoritative sources differ in the purpose they serve, and (b) how do court decisions impact their interpretation and use?