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The Internal Revenue Code of 1986 (IRC), is the domestic portion of federal statutory tax law in the United States. It is codified in statute as Title 26 of the United States Code. [1] The IRC is organized topically into subtitles and sections, covering federal income tax in the United States, payroll taxes, estate taxes, gift taxes, and excise taxes; as well as procedure and administration ...
The Johnson Amendment is a provision in the U.S. tax code, since 1954, that prohibits all 501 (c) (3) non-profit organizations from endorsing or opposing political candidates. Section 501 (c) (3) organizations are the most common type of nonprofit organization in the United States, ranging from charitable foundations to universities and churches. The amendment is named for then-Senator Lyndon ...
A zero-coupon bond (also discount bond or deep discount bond) is a bond in which the face value is repaid at the time of maturity. [1] Unlike regular bonds, it does not make periodic interest payments or have so-called coupons, hence the term zero-coupon bond. When the bond reaches maturity, its investor receives its par (or face) value.
The Internal Revenue Service (IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law. It is an agency of the Department of the Treasury and led by the Commissioner of Internal Revenue, who is appointed to a five-year term by the ...
The IRS Oversight Board is a nine-member board established by the Internal Revenue Service Restructuring and Reform Act of 1998 to oversee the Internal Revenue Service. [1]
DEFCON levels The defense readiness condition (DEFCON) is an alert state used by the United States Armed Forces. [1][2] For security reasons, the U.S. military does not announce a DEFCON level to the public. [1] The DEFCON system was developed by the Joint Chiefs of Staff (JCS) and unified and specified combatant commands. [3] It prescribes five graduated levels of readiness (or states of ...
An 1890s advertising poster for five-cent Coca-Cola Between 1886 and 1959, the price of a 6.5 US fl oz (190 mL) glass or bottle of Coca-Cola was set at five cents, or one nickel, and remained fixed with very little local fluctuation. The Coca-Cola Company was able to maintain this price for several reasons, including bottling contracts the company signed in 1899, advertising, vending machine ...
NamePros is an online community for domain name investors. Its services include forums and domain name auctions. The forums implement a freemium business model, whereby membership is free, but paid subscriptions offer additional features. [8]