Question: The U.S. Tax Court issues both regular and memorandum decisions. Assume that you are a Tax Practitioner and one of your client's poses the following query:
If we take my case to the U.S. Tax Court I have heard that they could render either a regular or a memorandum decision what is the difference between the two and are there any similarities? Discuss regular and memorandum U.S. Tax Court decisions as a response to your client's query.