A dependent is a person other than the taxpayer or their spouse who entitles the taxpayer to request a dependency...
In addition to other taxes, a tax equal to 6.2 percent of the salary (as defined in section 3121 (a)) that the person...
The term taxable gifts means the total amount of donations made during the calendar year, minus the deductions provided...
Tax codes are an important part of the Internal Revenue Service (IRS) system. They are used to determine how much tax an...
Qualified expenses are the amounts paid for tuition, fees, and other related expenses for an eligible student that are...
The Internal Revenue Service (IRS) is the federal agency responsible for collecting taxes and enforcing the tax code. IRS ...
For the purposes of this section and § 301, 7701-3, a business entity is any entity recognized for federal tax purposes...
The Internal Revenue Code (IRC) is the national part of the United States federal statutory tax law and is found under...
The requirement to file an income tax return is explicitly set out in sections 6011 (a), 6012 (a) and 6072 (a) and in the ...
A dependent, for tax purposes, is a qualifying child or relative of the taxpayer as established by the IRS. This includes ...
The term “short-term capital gain” means the gain from the sale or exchange of a capital asset held for no more than...
Code § 86: Social Security and Railroad Sector Retirement Benefits Level 1.Half of the excess described in subsection...
The term “tax codes” can refer to a set of tax laws, such as the Internal Revenue Code (IRC), and it can also refer...