Evaluate and describe two (2) types of temporary regulations and explore the effects on the taxpayer.

“Temporary Regulations” Please respond to the following:

• You have been assigned a research project for a new client on the issue of tax compliance. The research results for the client fall under a temporary regulation. Evaluate and describe two (2) types of temporary regulations and explore the effects on the taxpayer. Discuss the weight of the temporary regulation and what issues may strengthen or weaken the temporary regulation.