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Railroad Industry Overview Series - Table of Contents - October 2007

LMSB Control Number: LMSB-04-1007-072
Affected IRM: X.XX.X

This document is not an official pronouncement of the law or the position of the Service and cannot be used, or cited or relied upon as such.

I.      Introduction

A. Purpose of Industry Overview
B. Use of the Intranet and Internet
C. General History of Industry Specialization Program (ISP)
D. History of Ground Transportation ISP
E. Industry Specialist Staffing (Technical Advisors in LB&I)
F. LB&I Industry Staffing
G.Description of the Railroad Industry

II.     History of Railroad Industry

III.    Trends

IV.    Industry Terms 

A.   Terms Specific to Railroad Industry
B.   Terms Specific to Transportation Industries Generally
C.   Abbreviations & Acronyms

V.  Accounting Principles

A.   Regulatory Accounting.
B.   Tax Accounting.

VI.  Information Systems

VII.  Industry Operating Procedures

A.   In General
B.   Track Ownership, Usage
C.   Industry Composition and Metrics
D.    Railroads and Their Transportation Partners                                                      

VIII.  Government Regulatory Requirements

A.   Federal Requirements
B.   State Requirements
C.   Local Requirements

IX      Significant Law and Important Issues

A.   Coordinated Issues
B.   Emerging or Other Significant Issues
C.   Recent or Pending Legislation
D.   Specific Industry Related Tax Law
E.   Important Revenue Rulings or Revenue Procedures
F.    RRTA Rulings:
G.   Important Court Cases
H.   RRTA Cases
I.    Other Employment Tax Cases Potentially Impacting RRTA Issues
J.    Technical Advice Memorandums – Field Service Advices

X.      Alternative Issue Resolution Considerations

XI.     Industry Resources

A.   WEB Sites
B.   Trade Associations
C.   IRS and Other Training Courses/Videotapes
D.   Trade Magazines and Newsletters
E.   Industry Books
F.    Internal Revenue Manual Citations
G.   AICPA Auditing Standards and Publications
H.   Market Segment Specialization Program (MSSP)

XII.   Appendix 

A.   Complete Listing of Overviews Available

Page Last Reviewed or Updated: 05-Mar-2014