Identify which of the following statements is false.
A)Appeals officers usually have the operating authority to settle disputes with taxpayers based on the "hazards of litigation."
B)When an appeals officer is dealing with an "appeals coordinated issue," he has the authority to settle with the taxpayer based on the "hazards of litigation."
C)A Technical Advice Memorandum may be requested by an IRS auditor if the transaction in question involves an especially complex tax issue.
D)If the taxpayer and the appeals officer fail to reach agreement, the IRS issues a 90-day letter.

Question

Quizplus · Accepted Answer

B) is false because when dealing with an "appeals coordinated issue," an appeals officer does not have the authority to settle based on the "hazards of litigation" without getting further approval or following specific procedures, as these issues are of significant importance or complexity and require consistent treatment across different cases.

Identify Which of the Following Statements Is False