The Complex Art of Learning Federal Tax Laws

By LawrenceGarcia

The Federal Tax Laws are incredibly complicated and dynamic, making them nearly impossible for the average person to learn. The IRS produces countless administrative forms, as well as more than 10 amendments each year. There are professionals, as well as specialized tools whose sole purpose is to keep track of these confusing changes and amendments.

The subject is so incredibly complex that there are libraries with entire sections dedicated exclusively to explaining the intricacies. Within the area of taxation, there are multiple categories, including Income and Corporate Taxes. In addition, there are dictionaries that cover solely technical vocabulary and jargon necessary for understanding the Federal Tax Laws. The IRS, or Internal Revenue Service, provides a variety of publications in order to explain topics ranging from the most basic questions, to the most complex.

The Internal Revenue Code, (“IRC”), covers most of the Federal Tax Laws in the United States. The Department of the Treasury is responsible for implementing and enforcing the laws through a variety of documents. It is important for individuals to understand what happens when they do not pay their taxes. Integral to understanding this, is understanding the complex web of Judicial Authority.

Any internet search or day spent browsing the thousands of books on Federal Tax Laws, will help you to better understand what happens when your taxes are not paid. There are also current awareness publications available that provide information on pending decisions in Congress, issues involving Federal Tax Laws, and individuals’ opinions relating to certain cases. It is of utmost importance that tax attorneys stay up to date with such publications in order to have currents knowledge of the daily changes occurring within this dynamic and pertinent area of study. If you are interested in tracing the changes of Federal Tax Laws throughout history, “Blue Books” are most likely the best source for you.

These books are prepared and provided by those who work at the Joint Committee on Taxation, and they have very in depth explanations of tax legislation. Many of the Blue books can be found in libraries and it just requires a little bit of research using online cataloging to find exactly what you are looking for. Although there are a variety of literary sources out there to help individuals learn about and understand Federal Tax Laws, it goes without being said that they best sources are the experts themselves; the tax attorneys.