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Internal Revenue Service |
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Internal Revenue Service (IRS) The federal agency responsible for the collection of federal taxes, including personal and corporate income taxes, Social Security taxes, and excise and gift taxes.
Internal Revenue Service The tax collection agency for the United States government. It is responsible for collecting all federal taxes derived from sources other than tariffs and associated fees. Nearly half of its revenues comes from taxes on personal incomes, with much of the rest coming from corporate taxes and employment taxes. The IRS has the ability to place and enforce liens on property and other assets for nonpayment of taxes. The activities of the IRS fund (many of) the functions of the American government. It is not responsible for collection of state and local taxes. See also: Notice of seizure. Internal Revenue Service (IRS) A bureau within the United States Department of the Treasury,the IRS is charged with the responsibility of collecting the taxes imposed by Congress.In furtherance of that responsibility,it provides a wealth of resources to assist law-abiding persons in understanding and complying with the complicated tax laws of the country.An excellent search engine at the IRS Web site, www.irs.gov, gives access to thousands of online publications,forms,instructions,and even internal IRS manuals.Internal Revenue Service (IRS) The division of the U.S. Treasury Department responsible for collecting taxes. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Internal Revenue Service Commissioner Douglas Shulman told reporters in a telephone briefing. Is there really anything more devastating to your life than tax problems Of course, there are other things that could occur in your life that will cause just as much stress, but you have to admit that having issues with the Internal Revenue Service is not something that most people just brush off Ballard, a partner in the law firm Bodman LLP, has been elected to a three-year term as a member of the Internal Revenue Service Great Lakes Area Tax Exempt and Government Entities Council. |
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