Internal Revenue Service


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Internal Revenue Service

(IRS), division of the U.S. Treasury Dept. that is responsible for the assessment and collection of most federal taxes, except those relating to alcohol, tobacco, firearms, and explosives. Established in 1862, the IRS derives most of its revenues from the collection of corporate and individual income taxincome tax,
assessment levied upon individual or corporate incomes. Although personal incomes were occasionally taxed in medieval Italian cities, the income tax is essentially a modern form of taxation.
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References in periodicals archive ?
The Internal Revenue Service says non-profits may not be used to enrich the individuals who work for them or serve on their boards.
On behalf of the Tax Executives Institute, I respectfully submit the following comments related to the recent regulations amending Circular 230 governing practice before the Internal Revenue Service.
We accepted whatever the Internal Revenue Service is for per diem.
The Internal Revenue Service Restructuring and Reform Act (HR 2676) would create an oversight body (composed of eight private-sector members, the secretary of the treasury, a representative from a union representing a substantial number of IRS employees and the IRS commissioner) to oversee IRS administration, management, conduct, direction and supervision of the execution and application of the Internal Revenue Code.
For example, the Internal Revenue Service has continually extended its use of Saba-Centra to other departments since 2001.
On behalf of Tax Executives Institute, I am writing to applaud the revisions to the final regulations amending Circular 230 governing practice before the Internal Revenue Service that were released on May 18, 2005.
In a formal complaint filed with the Internal Revenue Service Oct.
The MTA sends the W-2 information to the Internal Revenue Service on magnetic tape so there should be no problem on that end, he said.
The bill, the Internal Revenue Service improvement Act of 1997 (HP 2428), is intended to implement some of the recommendations of the National Commission on Restructuring the IRS; however, it differs significantly from the commission's recommendations regarding IRS management and governance.
Office of Personnel Management (OPM), the Internal Revenue Service and National Aeronautics and Space Administration (NASA).
Persons With Respect to Foreign Disregarded Entities, filed with the Internal Revenue Service (3/2/04).
The Internal Revenue Service hopes the ability to pay by credit card will encourage more people to file tax returns electronically, even though taxpayers also will be charged a fluctuating ``convenience fee'' to use credit cards.

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