The 27 lines, because they are so simplified, end up being difficult to follow what exactly they do. So, for those of you who are curious, here’s what they do.
The average tax article on the Internet makes broad generalized claims without citing any sources. That’s why we decided to write our take on IRS rules.
Here are clear discussions of what the actual Internal Revenue Code (IRC) or IRS rulings say with regards to various tax topics.