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Long after independence, the first revenue stamps printed by the United States government were issued in the midst of the American Civil War, prompted by the urgent need to raise revenue to pay for the great costs it incurred. After the war ended however, revenue stamps and the taxes they represented still continued.
However, one of the challenges to the validity of this tax reached the United States Supreme Court in 1880. In Springer v. United States, the taxpayer contended that the income tax on his professional earnings and interest income on bonds violated the "direct tax" requirement of the Constitution.
The history of taxation in the United States begins with the colonial protest against British taxation policy in the 1760s, leading to the American Revolution. The independent nation collected taxes on imports ("tariffs"), whiskey, and (for a while) on glass windows. States and localities collected poll taxes on voters and property taxes on ...
Form 1120 (officially the "U.S Corporate Income Tax Return") is one of the IRS tax forms used by corporations (specifically, C corporations) in the United States to report their income, gains, losses, deductions, credits and to figure out their tax liability.
Springer v. United States. William M. Springer v. United States. The federal income tax imposed under the Revenue Act of 1864 was constitutional. Springer v. United States, 102 U.S. 586 (1881), was a case in which the United States Supreme Court upheld the federal income tax imposed under the Revenue Act of 1864.
From due date extensions to settlements, the IRS offers several tax debt relief options that can make your bill more manageable.
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