U.S. Internal Revenue Service (IRS)

The U.S. Internal Revenue Service (IRS) is the federal agency responsible for administering and enforcing the country's tax laws. It oversees the collection of taxes, processing of tax returns, and disbursement of tax refunds. The IRS ensures compliance with tax regulations, conducts audits to verify accurate reporting, and provides information and support to taxpayers. It plays a crucial role in funding government operations and services by collecting income, payroll, and other types of taxes. Overall, the IRS helps maintain the nation's financial system while aiming to ensure fairness in the tax process.