Selected Federal Taxation Statutes and Regulations, 2020 with Motro Tax Map
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We are pleased to summarize our comments containing our interpretation of the proposed legislation in this brief. The proposed amendments shall take effect from the next date of assent given by the President. However, certain amendments in the Income Tax Ordinance, shall be effective from the date given within legal provisions, and some from 01 July whereas specified amendments in Customs Act, from 31 March We recommend that while considering their application to any particular case, reference be made to specific wordings of the relevant statutes. Download PDF The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future.
J.K. Lasser's Small Business Taxes 2019: Your Complete Guide to a Better Bottom Line
The government agency is a bureau of the Department of the Treasury , and is under the immediate direction of the Commissioner of Internal Revenue , who is appointed to a five-year term by the President of the United States. The IRS is responsible for collecting taxes and administering the Internal Revenue Code , the main body of federal statutory tax law of the United States. The duties of the IRS include providing tax assistance to taxpayers and pursuing and resolving instances of erroneous or fraudulent tax filings. The IRS originated with the Commissioner of Internal Revenue, a federal office created in to assess the nation's first income tax , which was to raise funds for the American Civil War. The temporary measure provided over a fifth of the Union's war expenses and was allowed to expire a decade later.