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Essay

Tax Law and Accounting Papaer

Essay specific features

 

Issue:

Business

 

Written by:

Catherine B

 

Date added:

February 24, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1386

 

Was viewed:

5007 times

 

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Essay content:

The IRS has published some of its own statutes that govern tax accounting and laws. When studying tax law and how it applies to the accounting field there are many areas that must be addressed. In this paper only three areas will be addressed. This paper will address the modern income tax statutes and their objectives, comparing and contrasting the GAAP and tax accounting, and finally how to differentiate between tax avoidance and tax evasion...
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Over the years this has led to the creation of the Internal Revenue Code of 1986. Over the current years the code has been amended multiple times to include amendment 26 U.S.C 1. This amendment specifically deals with imposing income tax on the taxable income of individuals, estates and trusts. The sixteenth amendment of the United States Constitution covers the governments ability to tax individuals income...
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