IRS (Internal Revenue Service, USA)

The IRS, or Internal Revenue Service, is the U.S. government agency responsible for collecting taxes and enforcing tax laws. It manages the income tax system, ensuring individuals and businesses report their earnings accurately and pay the right amount of taxes. The IRS also issues refunds when people overpay and maintains records for auditing purposes. Its goal is to fund government operations through tax collection while ensuring compliance and fairness in the tax system.