Final answer:
Tax litigation is the process of settling tax-related disputes in a court of law.
Step-by-step explanation:
Tax litigation refers to the process of settling tax-related disputes in a court of law. When taxpayers and taxing authorities such as the Internal Revenue Service (IRS) disagree on tax-related matters, they can take their case to court to get a resolution. This involves presenting evidence, arguments, and legal interpretations to a judge or jury who will make a final decision.
For example, if a taxpayer believes that they have been unfairly assessed and wants to challenge the amount of taxes they owe, they can file a lawsuit against the IRS or other tax authorities. The litigation process allows for a thorough examination of the legal and factual issues surrounding the dispute, and ultimately leads to a court decision.