tax law
Corporate and Partnership Taxation
Introduction The taxation of business entities in the United States depends critically on the form of entity chosen. C corporations are subject to double taxation —the corporation pays tax on its …
Federal Income Tax
Introduction The federal income tax is the primary source of revenue for the United States government. The modern income tax was established by the Sixteenth Amendment (1913) and the Internal Revenue …
Tax Procedure
Introduction Tax procedure governs the administration and enforcement of the federal tax laws by the Internal Revenue Service (IRS). The IRS has broad authority to examine returns, assess …
United States Tax Law
Sources of US Tax Law The primary federal tax statute is the Internal Revenue Code of 1986 (IRC), codified in Title 26 of the United States Code. The IRC is the product of successive legislative …