Internal Revenue Service (IRS)

The Internal Revenue Service (IRS) is a U.S. government agency under the Department of the Treasury responsible for collecting federal taxes and enforcing tax laws. Its primary role is to ensure that individuals and businesses pay the correct amount of taxes owed. The IRS processes tax returns, conducts audits to verify compliance, and provides guidance on tax regulations. Essentially, the IRS plays a crucial role in funding government operations by managing the tax system that supports public services and infrastructure.