Overview
Stephen Kranz commented, regarding the use of tax policy tools to settle tax controversies, “People somehow have been convinced that the policy approach is something that you use if you are working in the legislative and regulatory world. That’s just no longer the case. Bringing a tax policy mind-set to any tax problem can be a game changer.” Diann Smith agreed that one area in which “taxpayers should be more active in is thinking about regulations, and how one state adopting a regulation can impact policy nationwide.”
