MANAGEMENT

BUISENESS MANAGEMENT

TAXES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The name of the federal agency that collects income taxes in the United States
A
IRS
B
AARP
C
Geico
D
FBI
Explanation: 

Detailed explanation-1: -What is the Internal Revenue Service (IRS)? The Internal Revenue Service or IRS was founded in the year 1862 by the United States President, Abraham Lincoln. It is a U.S federal agency which is responsible for the collection of taxes and enforcement of tax laws in the United States.

Detailed explanation-2: -The IRS is a bureau of the Department of the Treasury and one of the world’s most efficient tax administrators.

Detailed explanation-3: -The Internal Revenue Service (IRS) administers and enforces U.S. federal tax laws.

Detailed explanation-4: -The Law: There is a host of constitutional and statutory authority establishing that the Internal Revenue Service is an agency of the United States.

Detailed explanation-5: -Internal Revenue Service. An official website of the United States government.

There is 1 question to complete.