IRS Company Description
The Internal Revenue Service (IRS) is ready to help Americans pay their taxes, whether they want to or not. A bureau in the Department of the Treasury, the IRS is responsible for tax collection and tax law enforcement in its numerous forms. The agency collects 95% of the revenues that fund the US federal government. With an annual budget of more than $11 billion, the IRS strives to fulfill its mission by helping taxpayers understand their obligations and by consistently and fairly enforcing tax laws. The agency is structured into four primary divisions: Wage and Investment, Large and Mid-Size Business, Small Business and Self Employed, and Tax-Exempt and Government Entities.
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The Company Description provides a historical perspective of IRS's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of IRS's evolution in the marketplace.




