What Does Internal Revenue Code Mean?
The Internal Revenue Code is a set of laws that was first passed by congress in 1926 and has since gone through several revisions. It is mostly made up of federal laws about taxation on various assets.
The Internal Revenue Code is a set of laws that was first passed by congress in 1926 and has since gone through several revisions. It is mostly made up of federal laws about taxation on various assets.
As of 2017, the Internal Revenue Code has 11 categories:
The laws governing these categories are enforced by the Internal Revenue Service.