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- Formerly called the Bureau of Internal Revenue http://www.rdtc.com/Blog/archive/2008/01...
- A division of the U.S. Department of the Treasury
- Commissioner: Douglas Shulman
- Headquarters: Washington, DC
- Publishes the Internal Revenue Bulletin http://www.rdtc.com/Blog/archive/2008/01...
- Created by Abraham Lincoln during Civil War to help pay military expenses http://www.rdtc.com/Blog/archive/2008/01...
- 229 million income tax returns were filed with the IRS in 2006 http://www.rdtc.com/Blog/archive/2008/01...
- federal government spends $200 billion per year on federal tax compliance, which is more money than it takes to produce every vehicle in the United States http://www.rdtc.com/Blog/archive/2008/01...
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The Internal Revenue Service is the United States agency responsible for collecting taxes.
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Timeline
- 1862: Abraham Lincoln creates tax to fund Civil War; establishes Bureau of Internal Revenue
- 1913: 16th Amendment makes income tax constitutional
- 1953: Name officially changed to Internal Revenue Service
- 1950s: Switches to employee system instead of patronage
- 1998: Internal Revenue Service Restructuring and Reform Act passed by Congress splits IRS into new divisions
- 2006: IRS headquarters closes for several months due to flooding
Dealing with Losses
On March 17, 2009, IRS commisioner Douglas Shulman announced that investors who had lost money from the fraudelent schemes of Bernard Madoff and Robert Allen Stanford would be allowed to list their losses as theft losses on their tax returns. Theft loss deductions are likely to earn larger deductions for investment victims compared capital losses deductions.Bloomberg: IRS Says Madoff Victims Can Claim Theft Losses-
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IRS Questions
Where do I report a person who used two dependents in 2008 income tax that didn't even live with them? 2 AnswersContacting your local Internal Revenue Service office should get you on the correct track to report alleged wrongdoing. read more
IRS' answer for my query regarding nonresident US workers! Attention to all Non-US Mahaloians! 5 AnswersThanks for that... I can see that while the form isn't required by the IRS Mahalo could be audited and may have to show that the payements to non us citizens ar... read more
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On Twitter Powered by Twitter
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New story idea: IRS Audit; it teeming with sex, violence, and CGI. Earings and Grad School. Rosaries and Hairpins.
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RT @theDVSgneeus @eve_bk_es how was ur friday night?!? <<I spent it like a middle-aged IRS auditor w/ no life! Yours?
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Fiddling with my blog post: ( http://www.debtamount.com/irs-debt-affect-me-getting-a-loan.html )
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IRS TAX SETTLEMENT Answers WITH MIKE HABIB: You may get a IRS tax settlement if you owe the IRS less than $2500.. http://tinyurl.com/y9p3ucs
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IRS stuff mailed off, time to clean house and get Christmas decor up!!!! http://myloc.me/1D6ns
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