(Answered) Question - complete the following requirements describe the

Accounting

Question - Complete the following requirements: Describe the components of the common body of tax law (CBOTL). Include in your response answers to the following questions:

What role does the U.S. Congress play in creating the tax law? Briefly explain how a tax bill becomes a tax law.

What role does the Internal Revenue Service play in interpreting, and providing guidance on, the tax law? What types of tax law guidance are published by the IRS?

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