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
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.The Biggest Social Security Mistakes Retirees Make in Their First Year
When you claim Social Security for the first time, you may not know all the rules. This could lead to costly mistakes.A Utah Woman Is Getting $225,000 Tax-Free From Her Ex-Husband. When the Bill Comes From the IRS, This Rule Means It Will Go Straight to Her Ex.
A Utah divorce buyout looks like a straightforward cash windfall until you understand which spouse quietly inherits a six-figure IRS problem and which one walks away clean.
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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