Skip to content

SuperMoney: Budgeting AI

Financial calm, Finally.

Get

Internal Revenue Service (IRS)

The Internal Revenue Service (IRS) is the agency of the United States Department of the Treasury that is responsible for the collection of taxes and the enforcement of federal tax laws. The IRS administers and enforces the Internal Revenue Code, which is the primary body of federal tax laws in the United States. Continue Reading Below

Content Types

  • Encyclopedia
  • Articles
  • About Topic

Related Topics

Encyclopedia Articles

Discover the definition of financial terms related to internal revenue service (irs).

What Is a W-4? How to Fill Out Your Employee Withholding Certificate Thumbnail

What Is a W-4? How to Fill Out Your Employee Withholding Certificate

Andrew Latham

What is Form 2439? Explained: Reporting Undistributed Long-Term Capital Gains, Tax Implications, and Examples Thumbnail

What is Form 2439? Explained: Reporting Undistributed Long-Term Capital Gains, Tax Implications, and Examples

Alessandra Nicole

Innocent-Spouse Relief: Definition, How It Works and Real-Life Stories Thumbnail

Innocent-Spouse Relief: Definition, How It Works and Real-Life Stories

SuperMoney Team

Your Complete W-9 Form Handbook: Filing Requirements and Tips Thumbnail

Your Complete W-9 Form Handbook: Filing Requirements and Tips

Silas Bamigbola

Section 1035 Exchange Explained: How It Works, Types, and Examples Thumbnail

Section 1035 Exchange Explained: How It Works, Types, and Examples

SuperMoney Team

Amended Returns: Definition and When To File Thumbnail

Amended Returns: Definition and When To File

SuperMoney Team

Section 1250 Property Thumbnail

Section 1250 Property

SuperMoney Team

Section 1231 Property: Meaning, Types and Tax Implications Thumbnail

Section 1231 Property: Meaning, Types and Tax Implications

SuperMoney Team

Modified Endowment Contract: Definition, How It Works, Pros and Cons Thumbnail

Modified Endowment Contract: Definition, How It Works, Pros and Cons

SuperMoney Team

Tax Withholding Explained: How It Works, Types, and Examples Thumbnail

Tax Withholding Explained: How It Works, Types, and Examples

SuperMoney Team

Page 2 of 36

Previous12345Next

Learn About Internal Revenue Service (IRS)

Thumbnail for Blog Article: CP501 Notice: What It Means and How to Handle It

CP501 Notice: What It Means and How to Handle It

SuperMoney Team

Thumbnail for Blog Article: CP267 Notice: What It Means and How to Resolve It

CP267 Notice: What It Means and How to Resolve It

SuperMoney Team

Thumbnail for Blog Article: IRS Letter 916C: Why Your Claim Was Rejected and What to Do

IRS Letter 916C: Why Your Claim Was Rejected and What to Do

Silas Bamigbola

Thumbnail for Blog Article: IRS Letter 2644C: What It Means and Whether to Respond

IRS Letter 2644C: What It Means and Whether to Respond

SuperMoney Team

Thumbnail for Blog Article: LT11B Notice: Avoid Asset Seizure With These Steps

LT11B Notice: Avoid Asset Seizure With These Steps

Silas Bamigbola

Thumbnail for Blog Article: Letter 3171: What It Means When the IRS Files a Lien

Letter 3171: What It Means When the IRS Files a Lien

SuperMoney Team

Page 1 of 59

About Internal Revenue Service (IRS)

The Internal Revenue Service (IRS) is the agency of the United States Department of the Treasury that is responsible for the collection of taxes and the enforcement of federal tax laws. The IRS administers and enforces the Internal Revenue Code, which is the primary body of federal tax laws in the United States. The IRS is responsible for assessing, collecting, and enforcing taxes on individuals, businesses, and organizations. The IRS also provides guidance and assistance to taxpayers to help them comply with tax laws. The IRS's functions include issuing tax forms and instructions, processing tax returns, conducting audits, and enforcing compliance with tax laws through various means, including fines and penalties. The IRS also provides various services to help taxpayers resolve disputes with the agency, such as the Office of the Taxpayer Advocate.