Description
This best-selling statutory supplement provides selected federal income tax statutes, including edited sections and significant amendments, additions, and revisions. Designed for the law student studying basic federal income tax, it offers maximum flexibility and ease of use in dealing with individual federal income tax, examining fundamental procedures and administration involved in the Code and regulations governing federal income tax. It explains basic and complex tax provisions in a clear and succinct manner, discussing such issues as liability, taxable income, contributions, special limitations, penalties, definitions, judicial proceedings, and the application of internal revenue laws. It also compiles important tax forms.