73.1k views
4 votes
What is the purpose of the Internal Revenue Service?

A. Collecting taxes
B. Providing financial assistance
C. Making laws
D. Making a budget

User AKB
by
7.4k points

1 Answer

3 votes

Final answer:

The purpose of the Internal Revenue Service (IRS) is to collect taxes, which is crucial for funding government operations and public services. Taxes are assessed on various levels and types of income, and these funds enable the government to provide essential goods and services. The IRS's role and efficacy can be significantly affected by politics which guide taxation policies.

Step-by-step explanation:

The purpose of the Internal Revenue Service (IRS) is A. Collecting taxes. The IRS is a U.S. government agency responsible for tax collection and enforcement of tax laws. Federal income taxes are assessed based on an individual's or a corporation's income and can be influenced by numerous factors, such as the filing status and available deductions. Other types of taxes that individuals may have to pay include sales taxes, property taxes, and estate taxes. The main function of the IRS is to collect taxes, which serve as the primary source of revenue for the government to fund public services such as military, education, and infrastructure. Politics can heavily influence tax laws, as elected officials often have varying policies on how taxes should be structured and utilized.

The other option available for balancing the budget is to increase revenue through taxation. This task also falls within the purview of the IRS. Importantly, the successful collection of taxes is vital for the welfare of the country and must be uniform across states. Unfortunately, tax evasion and insufficient enforcement can lead to a significant shortfall in the revenue needed to operate the government and provide public services.

User Geekingreen
by
7.6k points