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Internal Revenue Service
The United State Internal Revenue Service (IRS) is a bureau of the Department of the Treasury that administrates the collection and processing of federal taxes. In 2004, the IRS collected more than $2 trillion in revenue and processed more than 224 million tax returns.[1]
The IRS mission statement describes the agency's role and the public’s expectation about how it should perform that role:
- In the United States, the Congress passes tax laws and requires taxpayers to comply.
- The taxpayer’s role is to understand and meet his or her tax obligations.
- The IRS role is to help the large majority of compliant taxpayers with the tax law, while ensuring that the minority who are unwilling to comply pay their fair share.
References
See also
External links
- IRS.gov Small Business and Self-Employed Tax Center
- IRS.gov - IRS Small Business Forms and Publications