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Find a Tax Glossary on Any Freely Accessible Web Site

Question 81

Essay

Find a tax glossary on any freely accessible Web site and provide the URL.Also find and provide a citation for the IRC section that defines the term gross income.
a.What is the tax glossary's definition of gross income?
b.How does the IRC define gross income?
c.Of the two definitions,which would a taxpayer without extensive tax knowledge find easier to understand? Why?
d.Which of the two definitions is relevant for a tax researcher? Why?

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