IRS
Federal · District of Columbia, United States · 10K+ Employees
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Overview
Headquarters
1111 Constitution Ave NW, Washington, Di...Phone Number
(202) 622-5000Website
www.irs.govRevenue
$16.5 BillionIndustry
About IRS
IRS Org Chart
Internal Revenue Service Hco Chief of Staff
Chief Procurement Officer, Area
Deputy Chief Procurement Officer
Chief, Talent Strategy, Office of the Chief P...
Comptroller
Controller
Controller
Controller
Data Controller
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IRS News & Media
A 40-Year-Old Maxing Out a Roth IRA Puts $7,500 a Year Into 1 Account. By 73, the IRS Can’t Touch a Dollar of It
Most savers treat a Roth IRA as a tax-free growth vehicle and stop there, but the structural advantage that quietly compounds over three decades has nothing to do with the growth itself.Your Side Hustle May Be Bigger Than You Think — And the IRS Could Agree
That extra side hustle income looks good until taxes hit. Here's what to know about self-employment tax, audit risk and hidden costs.They Gave the Beach House to the Kids in 2016 and Kept the Keys. The IRS Valued the Gift at a Fraction of What the House Was Worth
Parents who deeded the beach house to their kids years ago and still spend summers there may have pulled off a legal gift tax discount that most families have never heard of, but the strategy hides a tradeoff that can quietly cost the children more than the parents ever saved.He Depreciated the Duplex for 27 Years and Would Have Owed the IRS $180,000 in Recapture the Day He Sold. He Never Sold. His Kids Did, and Owed Nothing
The IRS spent 27 years tracking every depreciation deduction on that duplex, building a six-figure tax bill that would trigger the moment it sold. There is a tax code provision that can make the entire ledger disappear, and most landlords never think about it until it is too late.
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Frequently Asked Questions Regarding IRS
Founded in 1862, The Internal Revenue Service (IRS) is the revenue service of the United States federal government. The government agency is a bureau of the Department of the Treasury and is under the immediate direction of the Commissioner of Internal Revenue. The IRS is headquartered in Washington D.C.... Read More