Settled or Not Settled case solution
Reality Pattern 1
3D Printing Inc. (3D Printing), a calendar-year-end business, has numerous unpredictable tax positions (UTPs) associated to its 2010 federal tax return. Throughout Q3 2012, the taking a look at representatives verbally showed the initial conclusion on specific UTPs, and the Internal Revenue Service and 3D Printing formalized their contract on these UTPs by signing Internal Revenue Service Type 906, "Closing Contract on Last Decision Covering Particular Matters," in Q4 2012.