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Discuss the various types of taxes and the basic components of a tax system. Compare and contrast statutory, administrative, and judicial sources of tax law.

Discuss the various types of taxes and the basic components of a tax system. Compare and contrast statutory, administrative, and judicial sources of tax law. What is gross income? Compare and contrast economic, accounting, and tax concepts of income. What are some items that are included or excluded in gross income? How is gross income defined under the cash method versus the accrual method of reporting

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