Answer the given questions concerning the sources of tax law.
Problem 1: What role does the Internal Revenue Service play in interpreting, and providing guidance on, the tax law? What types of tax law guidance are published by the IRS?
Problem 2: What roles do the U.S. Constitution and U.S. Congress play in creating the tax law? Briefly explain how a tax bill becomes a tax law.
Problem 3: Describe the components of the common body of tax law (CBOTL).