[Shay]

what does IRC and TS? mean in research question?

[Anonymous]

IRC = Internal Revenue Code

Not sure what TS is… do you mean TBS, as in Task-Based Simulations?

[Shay]

I was referring to the Research question in SIM. I dont me TBS. see a example below

Find the code section and subsection for amortization period for intangibles, such as franchises and trademarks….

Answer: Section 197, Subsection (a)

Which section and subsection of the Internal Revenue Code describes the substantiation a taxpayer must maintain in order to claim a valid business deduction for entertainment expeneses?

Answer: Section 274, Subsection (d)

My question is , How do you, when to choose “IRC” from the drop-down menu or “TS”.

thanks

[Author]

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