Internal Revenue Code Simplified !
USA tax law is Â complex and full of interpretations. Internal Revenue Code Simplified is a website dedicated to presentÂ US tax law to common tax payers in a form that is easy to understand. Apart from that , this website will also bring useful tools and apps likeÂ tax calculators, quizzes on internal revenue code topics and mobile app -running on android, iphone , windows and ipad. Just for information , all these will be personally created by the author of this blog.
Author of the Blog
Prashant Thakur , who spent twenty years with Income Tax Department of India has started this blogÂ . He has authored two books- Tax Evasion Through Shares and Taxing Questions Simple AnswerÂ in the year 2008 and 2013 respectively.Both the books are listed on Googleplay and other online stores. He runs aÂ Â taxation site http://taxworry.com Â and provides tax solution in form of articles, personal consultations. He also provides second opinion on tax appeal matters. In his spare time, he Â tries his hand on creating mobile apps related to tax laws.
Why US Code 26 ?
Many of the readers of his tax site are either Non Resident Indians or tax practioners who have non-resident Indians clients. The tax quieries often demands a look on US tax laws . Then came the amendments in Income Tax Act , 1961 about the FATCA ( a US law for information exchange) implementation.Â All these compelled the author Â to start learning about the US Code 26 or Internal Revenue Code ……….This site or blog, as you may say, will grow along with his learning.