rification involving the preformation capital expenditure exception, and a clarification to the anticipated reduction rule in reg. section 1.707-5. Monte A. Jacket of Monte A. Jacket Federal Tax Advisory Services LLC told Tax Analysts that "a substantial portion of the recommendations and analysis contained in"

g the preformation capital expenditure exception, and a clarification to the anticipated reduction rule in reg. section 1.707-5. Monte A. Jacket of Monte A. Jacket Federal Tax Advisory Services LLC told Tax Analysts that "a substantial portion of the recommendations and analysis contained in" an article he coau