The Tax Code is a set of laws and regulations that govern how taxes are collected and managed in a country. It outlines the rules for individuals and businesses regarding income tax, sales tax, property tax, and other forms of taxation. The code is designed to ensure that everyone pays their fair share and that the government can fund public services.
In the United States, the Internal Revenue Service (IRS) is responsible for enforcing the Tax Code. The code is complex and can change frequently, so taxpayers often seek help from professionals, such as accountants or tax advisors, to navigate their obligations and maximize deductions.