Final answer:
The Tax Court was formerly known as the Board of Tax Appeals. The U.S. Tax Court is a specialized federal court with jurisdiction over tax-related cases. It hears cases involving disputes between taxpayers and the Internal Revenue Service (IRS) regarding federal tax matters.
Step-by-step explanation:
The Tax Court was formerly known as the Board of Tax Appeals. The U.S. Tax Court is a specialized federal court with jurisdiction over tax-related cases. It is part of the federal court system and is separate from the district and circuit courts. The Tax Court hears cases involving disputes between taxpayers and the Internal Revenue Service (IRS) regarding federal tax matters.