Internal Revenue Code

The Internal Revenue Code (IRC), formally the Internal Revenue Code of 1986, is the domestic portion of federal statutory tax law in the United States, published in various volumes of the United States Statutes at Large, and separately as Title 26 of the United States Code (USC). It is organized topically, into subtitles and sections, covering income tax (see Income tax in the United States), payroll taxes, estate taxes, gift taxes and excise taxes; as well as procedure and administration. Its implementing agency is the Internal Revenue Service.

Read more about Internal Revenue CodeOrigins of Tax Codes in The United States, Internal Revenue Code of 1939, Internal Revenue Code of 1954, Internal Revenue Code of 1986, Tax Statutes Not Contained in The Code, Individual and Corporate Income Tax, Organization, Subtitles, List of Commonly-referenced Sections

Other articles related to "internal revenue code, code":

Tax Protester (United States) - Penalties - Frivolous Litigation in United States Tax Court, and Appeals of Tax Court Decisions
... In 1939, Congress enacted section 1117(g) (entitled "Proceeding Frivolous") of the Internal Revenue Code of 1939, giving the Board of Tax Appeals (now called the ... was continued with the enactment of section 6673 of the Internal Revenue Code of 1954 ... The current version of section 6673 (in the 1986 Code) provides that frivolous arguments may result in a penalty in U.S ...
Tax Protester (United States) - Arguments About Constitutionality
... Claims that some of the provisions of the tax code are unconstitutional are submissions of a different order ... mistakes caused by the complexity of the Internal Revenue Code ... could ignore the duties imposed upon him by the Internal Revenue Code and refuse to utilize the mechanisms provided by Congress to present his claims of invalidity to the courts and to abide by their ...
Above-the-line Deduction - Impact
... below the line deductions, by contrast, are phased out for wealthy taxpayers pursuant to Internal Revenue Code Section 68 ... example, medical and dental expenses are below the line deductions pursuant to Internal Revenue Code Section 67 ... See, Internal Revenue Code Section 213 ...
Loss On Sale Of Residential Property
... Section 165(c) of the Internal Revenue Code limits losses that taxpayers can deduct into three categories business or trade losses, investment losses, and losses incurred from casualty ... under any of the enumerated categories under Internal Revenue Code section 165(c) ... his personal residence and so used by him up to the time of the sale is not deductible under Internal Revenue Code section 165(a) ...

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