What is the Internal Revenue Service (IRS)?

Q: What is the Internal Revenue Service (IRS)?


A: The IRS is an agency of the Federal government of the United States responsible for collecting taxes and enforcing tax laws.

Q: What is the responsibility of the IRS?


A: The responsibility of the IRS is to decide how much tax is owed and collect the revenue on a regular basis.

Q: Which department does the IRS belong to?


A: The IRS is the largest bureau in the United States Department of the Treasury.

Q: How efficient is the IRS in terms of tax collection?


A: The IRS is one of the world's most efficient tax collection agencies.

Q: How many tax forms did the IRS process and how much revenue did it collect in 2004?


A: The IRS processed over 224 million tax forms and collected over $2 trillion in revenue in 2004.

Q: How does the IRS collect taxes in advance?


A: The IRS collects taxes in advance by withholding them through employers.

Q: Why were up to 11.6 million refunds not paid back by the IRS in 2006?


A: Up to 11.6 million refunds were not paid back by the IRS in 2006 because the IRS suspected fraud.

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