👤 Person

Internal Revenue Service

Revenue service of the US federal government

📊 Rating

6 news mentions · 👍 0 likes · 👎 0 dislikes

📌 Topics

Finance (4)
Taxation (3)
Economy (2)
Government (2)
Automotive (1)
Legislation (1)
Wealth Inequality (1)
Personal Finance (1)
Government Policy (1)
Law (1)
Wealth Management (1)

🏷️ Keywords

IRS (6) · Tax refunds (2) · Tax returns (2) · Tax deduction (1) · American-made vehicles (1) · Interest payments (1) · 2025 tax year (1) · Auto loans (1) · Economic stimulus (1) · K-shaped economy (1) · Big Beautiful Bill Act (1) · Fiscal policy (1) · Income inequality (1) · Tax Returns (1) · Standard Deduction (1) · Inflation Adjustments (1) · Refunds (1) · 2025 Tax Season (1) · Direct File (1) · tax fraud (1)

📖 Key Information

The Internal Revenue Service (IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law. It is an agency of the Department of the Treasury and led by the commissioner of Internal Revenue, who is appointed to a five-year term by the president of the United States. The duties of the IRS include providing tax assistance to taxpayers; pursuing and resolving instances of erroneous or fraudulent tax filings; and overseeing various benefits programs, including the Affordable Care Act.

📰 Related News (6)

🇺🇸 Bought a new car last year? You could qualify for this tax break. (2026-02-11)
New deduction allows taxpayers to deduct up to $10,000 on interest they paid to buy a new American-made vehicle in 2025....
🇺🇸 The "K-shaped" economy will affect your 2026 tax refund (2026-02-10)
Tax refunds will be bigger this year because of the big, beautiful bill" act, with higher-income households set to reap the biggest checks....
🇺🇸 2025 Tax Returns: Here’s What to Know About Filing This Year (2026-02-06)
Many Americans will see bigger refunds and new deductions, while others may be revisiting the dreaded alternative minimum tax. Don’t panic just yet....
🇺🇸 Does the IRS forgive honest mistakes? (2026-02-09)
The IRS may distinguish between honest errors and fraud, but proving your intent isn't always straightforward....
🇺🇸 IRS says tax returns can be filed starting Jan. 26. Here's what to know. (2026-01-08)
Taxpayers can start filing their 2025 tax returns on Jan. 26, 2026, the IRS says....
🇺🇸 What you need to know before making financial gifts (2026-02-03)
Whether you’re giving cash or investments, be aware of the logistics and tax implications...

🔗 Entity Intersection Graph

People and organizations frequently mentioned alongside Internal Revenue Service:

🌐 Estate planning (1 shared articles)
🌐 Capital gain (1 shared articles)
🌐 Gift tax in the United States (1 shared articles)
🌐 Refund (1 shared articles)
🌐 Tax return (1 shared articles)
🌐 Income tax (1 shared articles)
🌐 Stimulus (economics) (1 shared articles)
🌐 Tax deduction (1 shared articles)
👤 One Big Beautiful Bill Act (1 shared articles)
🌐 Fiscal policy (1 shared articles)

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