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WASHINGTON BUREAU NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE 1156 15TH STREET, NW SUITE 915 WASHINGTON, DC 20005 P (202) 4632940 F (202) 4632953 EMAIL: WASHINGTONBUREAU NAACP.ORG WEB
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Tax reform legislation refers to changes made to the tax code, which can affect tax rates, deductions, credits, and other provisions.
Typically, individuals and businesses whose income exceeds a certain threshold or who meet specific criteria set forth in the legislation are required to file.
Filling out tax filings under the reform legislation involves using the specified forms provided by the IRS, accurately reporting income, deductions, and credits, and following any new guidelines established by the reform.
The purpose of tax reform legislation is to simplify the tax code, increase compliance, generate revenue, and promote economic growth.
Taxpayers must report their income, adjustments, deductions, credits, and any other relevant information as specified in the tax reform provisions.
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