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Keep in mind that the IRS reports their statistics based upon the Federal Fiscal Year, which runs from October 1 - September 30. For FY2006 (October 1, 2005 - September 30, 2006) the IRS collected $2,518,680,230,000 (2.5 Trillion-ish)
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How much money did the IRS collect in 2008?
Roughly 3 trillion from all sources.
How much money does the IRS spend to collect taxes?
The most recent complete IRS budget, up 6% from last year is $11.4 Billion. To collect over $3 trillion. Divide 11,400,000,000 by 3,000,000,000,000...it's basically in the rounding of the .4 with that 11B
What if the IRS overrefunds you?
The IRS will eventually discover their error and will come collecting. The IRS will send out a letter explaining the situation and asking that you pay back the amount of excess refund. If you have already spent the excess, you are still required to pay. Call the IRS immediately to fix the problem. The IRS will collect on the money owed as they would back taxes.
Can the IRS offset my ny state refund?
Typically, the Internal Revenue Service doesn't collect your refund if you owe them money. They will keep your federal refund.
Should a small business turned to the IRS for collecting delinquent payments?
No. The IRS doesn't do that. It is up to you to collect.
How much money did Chuck Norris get from his movies?
Only the IRS knows for sure.
How much money did the IRS return to taxpayers last year?
300 billion
How much money do you really win from a game show if you win 25000?
ask the IRS
What is the function of the IRS?
They determine, asses, and collect internal revenues in the US.
How much money can you deposit in a savings account at any one time without them having to report it to the IRS?
10,000$, Then it must be reported to the IRS, and only if in cash.
How do i find out if some one owe money to the IRS?
Debts to the IRS are confidential; the IRS cannot disclose the debt unless they bring a civil suit to get the money.
Three services and explain each provided by the IRS?
collect taxes from the poor
