U.S. Tax Policy

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August 31, 2024 4 min read Definitions

IRC (Internal Revenue Code): The Body of Law Governing Federal Tax Policy in the United States

Law Taxes Government Regulations Internal Revenue Code IRC Federal Tax Law U.S. Tax Policy Tax Code

The Internal Revenue Code (IRC) is the comprehensive set of federal tax laws that dictate tax policy, tax computations, tax collections, and enforcement protocols in the United States. This critical financial framework ensures uniform compliance and integrity in the federal taxation system.

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