Jennifer A. Ray, a Washington, D.C.-based partner in the firm's Tax Group, discusses with Law360 the impact of funding cuts on the Internal Revenue Service (IRS). The cuts have delayed the IRS' ability to place regulations on controversial tax issues, which leads them to only issue guidance's in the form of notices. However, Ray states, "The notices don't have the force of a full regulation, but sometimes that is all taxpayers have to go on, leaving them uncertain about what the IRS' position is."