How can I get the tac command on OS X?

On OS/X like on many systems (BSDs, Solaris, AIX, IRIX...), the functionality of GNU tac is available in tail with the -r option. So no need to install GNU tac:

tail -r the-file

Yes:

• Install Homebrew
• brew install coreutils
• ln -s /usr/local/bin/gtac /usr/local/bin/tac apparently not needed with latest Homebrew, see comment by Ran Ever-Hadani below

or use MacPorts to install coreutils in a similar way.