The Internal Revenue Code (IRC) is the comprehensive body of federal tax law in the United States. It is codified as Title 26 of the United States Code. It serves as the authoritative source for all federal tax statutes, including those governing income, estate, gift, excise, alcohol, tobacco, and employment taxes. The IRC is administered and enforced by the Internal Revenue Service (IRS).
« Back to Glossary Index« Back to Glossary Index