Rev. Rul.

Definition of "Rev. Rul."
  1. Revenue Ruling: a ruling or declaration made by the IRS, often used to clarify tax laws
How to use "Rev. Rul." in a sentence
  1. In the Rev. Rul., the IRS clarified the tax implications for cryptocurrency transactions.
  2. The accountant referred to the latest Rev. Rul. to answer the client's question about deductions.
  3. The Rev. Rul. published last month has important implications for small business owners.
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