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By CPA Trendlines Research
Here’s something that almost all Americans can agree on: the Internal Revenue Code is too complex. Worse: It’s becoming irrelevant.
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How complex?
- The Code contains 9,834 sections.
- Many of the sections have detailed subsections.
- On top of the Code is a six-volume set of corresponding regulation.
- Many of the sections, drafted decades ago, are irrelevant to today’s world.
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