Question

Which would you choose between annotated tax service and topical tax service? Explain why

Answer 1

Topical tax services well diversified and that of annotated tax service. So , therefore

An annotated tax service is organized following the order of the Internal Revenue Code. First the Code is presented, then committee reports, Regulations, explanations, and lastly annotations of related court cases and administrative rulings. A topical service divides the tax law into transactions or subjects with underlying tax principles as an organizing format. It integrates a discussion of the primary and secondary sources of the tax law into its editorial analysis, Examples of annotated services include CCH Standard Federal Income Tax Reporter (SFITR) and RIAS United States Tax Reporter(USTR). Examples of topical services include RIA's Federal Tax Coordinator (ETC) and CCH Tax Research Consultant (TRC).