7. Tim Rasmus is an individual taxpayer who works in finance…
7. Tim Rasmus is an individual taxpayer who works in finance at BCM Investments, Inc. As part of Tim’s role as an analyst, he frequently interacts with tax law and has become motivated to file his own tax returns. Tim would like to take a particular position on his tax return that he is unsure how the IRS will handle. If Tim is seeking to find an Announcement to obtain more information on the issue he is dealing with, where should he look?