What would you like to do?
How long is the internal revenue code?
The federal tax code is rumored to be anywhere from 2500 pages to 2.5 million pages. The feds themselves list at about 17 thousand pages, however, that is in a tiny font. With all the different titles and legislation added in, I don't think anyone knows the realistic length of the Internal revenue code.
Was this answer useful?
Thanks for the feedback!
Which of the following provisions of the Internal Revenue Code can be used to reduce the amount of the income tax expense arising from capital investment projects?
Depreciation deduction submitted by Gigi Calix
The IRS is in the executive branch of the government.
tax collection and education.
secretary margarito teves
Section 7702 of the IRC states that withdrawals from a life insurance contract can be made income tax free.
To collect the money, in taxes, that is needed to run the government and provide services.
What is the difference between Revenue Officer and Special Agent within the Internal Revenue Service?
Both of these positions are charged with enforcement federal tax law for the Internal Revenue Service (IRS). However, there are differences between the two job classif…ications. A Revenue Officer is charged with administering civil collection laws and collecting delinquent tax debt owed to the U.S. Treasury. They conduct administrative investigations for the purpose of locating taxpayers and their assets and determining a taxpayer's ability to pay an outstanding debt. A Special Agent is responsible for conducting criminal investigations of willful attempts to defraud the U. S. Treasury. They conduct criminal investigations and when necessary, they recommend prosecution of such violations to the U. S. Attorney's Office.
5045 E. Butler Ave Fresno 93888-0021
Abraham Lincoln created the IRS in order to help recover expenses incurred by the Civil War.
The Internal Revenue is a government agency that is subject to Title 26 United States Code. The Internal revenue Service is a private debt collection agency subject to Title… 15 of the United States Code and is a private collection agency contracted by the Internal Revenue.
Internal revenue can be greatly improved when the people are motivated by what they see the Local Government do with existing funds.
Answer Under the existing Internal Revenue Code guidelines, rules and regulations gifts made to anyone, including relatives and friends are not deductible. Howe…ver, the grantor (giver of the gift) might have to pay a gift tax if the gift exceed a certain amount (12,000.00) per individual per year. Gifts are generally not deductible to the grantor, nor are they taxable (reported as part of income) to the recepient or beneficiary. Gifts in general are irrevocable (cannot be taken back by the grantor). Respectfully submitted by: CHR Florida Certified Public Accountant April 1, 2007
Hello, I recently purchased one and the money you invest is not tax deductible. It is not taxed if it grows in value or generates revenue, within the annuity. When you do star…t taking money out, it is treated as ordinary taxable income. However you do not pay taxes on the original contribution, just on the gains. This is a simple answer to a complex question-- if you need more details, you need an expert.
The IRS currently employes approximately 93,000 people. During tax season, there are about 35,000 employees doing only tax returns. One would assume they hire contract or sea…sonal people to help out at tax time that are not needed year round.
The term internal revenue service is the long form off I.R.S. They are in charges of collecting taxes and enforcing them. Currently the IRS is a very important part of the USA….