Graduate students may deduct the costs of tuition and other fees under most circumstances. But what if an individual decides to go back to school after he or she has already entered the workforce, what, if any, tuition, costs, and…
The last blog presented some basic information about the Internal Revenue Code (IRC or “Tax Code”), enacted by Congress in Title 26 of the United States Code (26 U.S.C. et seq). As all tax attorneys and accountants know, this “Tax Code” contains the…
Federal tax law begins (and ends!) with the Internal Revenue Code (IRC or “Tax Code”), which was enacted by Congress in Title 26 of the United States Code (26 U.S.C. et seq). The Tax Code, formally known as the Internal Revenue Code of 1986,…
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