Question: As described in Chapter 2, the Internal Revenue Code is the top primary source for all US tax legislation. References to tax law is made

As described in Chapter 2, the Internal Revenue Code is the top primary source for all US tax legislation. References to tax law is made by identifying certain code sections- for example IRC 501(c)(3) defines charitable organizations.

the tax cuts and jobs acts increased the standard deduction and eliminated the personal dependency exemptions for 2018. for each change, identify the appropriate IRC Code section and provide the exact wording that explains the change.

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