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Taxes and Public Finance
Deploying and Measuring Taxes
Economics Textbooks Boundless Economics Taxes and Public Finance Deploying and Measuring Taxes
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Economics
Concept Version 8
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How Taxes Work in the United States

IRS

IRS

The IRS is responsible for interpreting and enforcing tax legislation passed by Congress. The IRS taxes only realized returns, though financial reports must also include unrealized returns on the balance sheet.

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    "File:IRS.svg - Wikimedia Commons."
    http://commons.wikimedia.org/w/index.php?title=File:IRS.svg&page=1 Wikimedia Public domain.

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