Section 213(b)(11) of the Revenue Act of 1921 became Section 22(b)(6) of the Internal Revenue Code of 1939.
Tax favored employer-assisted housing existed in both the statutory and common law of taxation prior to the enactment of the Internal Revenue Code of 1954.
So I can be confident that knowledge of the Internal Revenue Code of 1986 will continue to have some value somewhere for the rest of my life.
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At a less extreme level the transition issues created by a hypothetical Internal Revenue Code of 2013 will keep me occupied until my normal retirement age in 2018.
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Thus, in the 1954 amendments that became the Internal Revenue Code of 1954, Congress modified the convenience of the employer doctrine by adding Sections 119 and 911 and amended Section 107.
If he did not have other passive income those losses would have been suspended after the first few years of transition into the new regime of the Internal Revenue Code of 1986.
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Commissioner, 224 F.2d 377 (8th Cir. 1955), the appellate court expressly relied on the convenience of the employer doctrine and Section 22(b)(6) of the Internal Revenue Code of 1939 to allow a minister to exclude from taxable income a cash housing allowance.
Under the Methodology Test, as it's known, of the Internal Revenue Code -- of the Internal Revenue Service both of these projects did qualify as educational.
Section 1022 of the Internal Revenue Code provides for an adjustment of basis for estates of those dying in 2010 and later years.
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However, taxpayers should note that Code Sec. 1411 is to follow normal income tax rules (i.e. rules that a tax lawyer or accountant might refer to as tax rules under chapter one of the Internal Revenue Code), so for ease of calculation, what is exempted from the regular income tax, such as tax-exempted mutual bonds, are also excluded from the NII sum.
This is the Section 7520 rate (named after the section of the Internal Revenue Code that applies), which is 120% of the current mid-term AFR compounded annually, rounded to the nearest 0.2%.
This is all part of a new tax provision (section 409A of the Internal Revenue Code) that was passed in late 2004 as part of the American Job Creations Act.
Tax-exempt social-welfare groups organized under section 501(c)(4) of the Internal Revenue Code are allowed to engage in some political activity, but the primary focus of their efforts must remain promoting social welfare.
These money laundries, organized as 501(c)(4) groups under the Internal Revenue Code, violate the spirit of the tax laws and may well violate the letter of the law as well.
The Internal Revenue Code exempts payments received on account of personal physical injuries and physical sickness.
Section 529 of the Internal Revenue Code created the plan much like Section 401(k) created individual retirement accounts.
The tax lawyer raced to his copy of the Internal Revenue Code.
It takes its name from section 529 of the Internal Revenue Code.
Did you know that the 130, 000 pages of Medicaid and Medicare rules and regulations are three times the size of the Internal Revenue code?
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Section 107 is best analyzed by reviewing the historical context surrounding the development of Section 107 of the Internal Revenue Code, the clergy housing allowance.
As a guy who makes his living in the nether regions of the Internal Revenue Code, I, like many Americans, crave simplicity from the tax law.
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Section 1091 of the Internal Revenue Code details the wash rule and the IRS lays it all out in Publication 550, available on its Web site.
That there even exists a market for Americans to minimize their tax obligations overseas speaks to the intricacy and incomprehensibility of the Internal Revenue Code as it stands.
That site is completely unrelated to The Henrietta Lacks Foundation, Inc. a public charity that is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code.
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While the result may seem harsh, we are bound by the provisions of the Internal Revenue Code defining the circumstances in which payments are deductible as alimony under sections 71(b) and 215(a).
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An S corporation, for United States federal income tax purposes, is a corporation that makes a valid election to be taxed under Subchapter S of Chapter 1 of the Internal Revenue Code.
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Much of that is the result of separate enactments of the Internal Revenue Code and the precursor legislation (since 1862), and no one has put the responsibility on the IRS or the Congress to reorganize the Code so that it is plainly understood by the lay person.
Recent reports and discussions make it clear one or more IRS employees responded to a public information request from the news organization ProPublica by giving ProPublica pending applications and subsequent extensive correspondence with the IRS regarding the applications from a number of organizations seeking recognition of their exemption from tax under Section 501(c)(4) of the Internal Revenue Code.
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