Who is taxed, according to code?
“Federal tax law begins with the Internal Revenue Code (IRC), enacted by Congress in Title 26 of the United States Code (26 U.S.C.).”
“Treasury Regulations (26 C.F.R.)–commonly referred to as Federal tax regulations– pick up where the Internal Revenue Code (IRC) leaves offby providing the official interpretation of the IRC by the U.S. Department of the Treasury”
Fact: USC + CFR = Tax Law
Read the rest here: http://whatistaxed.com/who_is_taxed.htm