What is Internal Revenue? Explain briefly.? Conduct a search of the internal Revenue Code and find the applicable code section to answer Larry's tax question.

Larry works as an Uber driver. Larry parked his car in San Francisco while he waited for a customer. He noticed that his customer was across the street looking for Larry. So, Larry exited his car, ran down the street to get his customer;s attention. After just a few minutes, Larry and his customer returned to his car, on his car windshield, Larry found a parking citation with a fine of $250. Larry contacts you, his tax advisor, and asks you if his parking ticket is deductible for Federal tax purposes. 

Answer rating: 100% (QA)

Internal Revenue generally refers to the revenue or income generated by a countrys government throug... View the full answer