26 U.S.C. (Internal Revenue Code)

The 26 U.S.C., or Title 26 of the United States Code, is the section of federal law that contains the Internal Revenue Code (IRC). This code governs federal tax policy, outlining how income, payroll, corporate, and various other taxes are assessed and collected in the U.S. It includes detailed rules on deductions, credits, tax rates, and compliance requirements for individuals and businesses. Essentially, it serves as the legal framework for determining tax obligations, providing guidelines for both taxpayers and the IRS in the administration of federal taxes.