IRS Rev. Proc.: Technical Advice by Chief Counsel Guidance Updated (IRC §6110)

Procedures on: (1) when and how an Associate office provides technical advice, conveyed in a technical advice memorandum (TAM); and (2) the rights of taxpayers when a field office requests a TAM regarding a tax matter, the IRS revised. Effective on Dec. 30, 2024. [Rev. Proc. 2025-2, 2025-1 I.R.B. 118 (Dec. 30, 2024)]