Internal Revenue Service: Federal Taxes, Corporate Taxes, Tax Credits and Tax-Advantaged Accounts

The Internal Revenue Service (IRS) is responsible for (1) collecting most of the revenue that funds federal government agencies and programs, and (2) enforcing taxpayer compliance with federal tax laws through activities such as taxpayer assistance and audits. There are many types of taxes. Income taxes are levied by federal and state governments on wages, investments, and other forms of income. C...