The IRS Has More Power Than You Think to Collect Taxes

The IRS Has More Power Than You Think to Collect Taxes
Internal Revenue Service headquarters (IRS) in Washington, on May 22, 2023. Madalina Vasiliu/The Epoch Times
Mike Valles
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One U.S. agency that many people fear is the Internal Revenue Service (IRS). Of course, there is no need to fear when you honestly report your taxes. When taxes are not reported honestly, there is a good reason to fear the agency because it has more power than any other U.S. agency.

The IRS operates under the authority of the U.S. Department of the Treasury. Its mission is to collect taxes. Its goal is to help lawful citizens pay the correct amount of taxes and to enforce the payment of taxes on those people unwilling to abide by the country’s tax laws.

Mike Valles
Mike Valles
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Mike Valles has been a freelance writer for many years and focuses on personal finance articles. He writes articles and blog posts for companies and lenders of all sizes and seeks to provide quality information that is up-to-date and easy to understand.
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