Tax Accounting In The United States
U.S. tax accounting refers to accounting for tax purposes in the United States. Unlike most countries, the United States has a comprehensive set of accounting principles for tax purposes, prescribed by tax law, which are separate and distinct from Generally Accepted Accounting Principles.
Read more about Tax Accounting In The United States: Basic Rules, Types of Tax Accounting Methods, Tax Accounting Method Changes, Comparison With Other Countries, See Also
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“In other words, a democratic government is the only one in which those who vote for a tax can escape the obligation to pay it.”
—Alexis de Tocqueville (1805–1859)
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—Andrew Jackson (1767–1845)