answersLogoWhite

0

Where does collected IRS money go?

Updated: 9/17/2023
User Avatar

Wiki User

12y ago

Best Answer

To the Federal Reserve to pay for the interest on the Government's debt. The Fed is owned by J.P. Morgan's, The Bank of America and other privately owned banks.

So your money goes to a man named Rothschild and there's not a damned thing anyone can do about it. Cheers

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Where does collected IRS money go?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Where does the money collected from the sale of licenses and taxes of gasoline go?

schools


How much money did the IRS collect in 2006?

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)


Who gets the moneyu that is collected by the IRS?

The United States Treasury Department.


Where is it possible to learn about IRS wage levy?

An IRS wage levy is where the IRS takes a portion of a paycheck towards money owed to them. To read more about the levy process one can go to the IRS online website and find out more details.


How could one describe IRS tax?

IRS stands for International Revenue Service, thus if one were to describe IRS tax, he or she would mention that it is taxes collected by the International Revenue Service.


If you owe the IRS money--can you open an llc with someone else and can the IRS touch it?

The IRS can go after anything that could be construed as a fraudulent transfer to evade taxes. And even if it could not establish that the transfer was fraudulent, the IRS could go after your ownership interest in the LLC and take the LLC away from you to satisfy your tax debt.


Why is money not collected during synagogue services judaism?

Money Is Not Collected Because It Is Disrespectful :( .


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.


What is it call when you get money from the IRS?

A refund.


Where could one find advice if you owe the IRS money?

One can find advice if one owes money to the IRS by visiting the IRS website. On the site they have 10 tips for Taxpayers who owe money to the IRS. Included in these tips are ways to make payments and applying for additional time.


How do you find out if you owe IRS money?

Usually if you owe back taxes, IRS will send you a letter to notify you that you owe IRS money. However, if you are not sure, try to call IRS at 1-800-829-1040. Also you can go and visit an IRS local office (if they get one in your city.) For more information, check the related links below.If you can not read, or understand the different codes, consult with a licensed tax professional such as an Enrolled Agent.


Did the IRS take money that was sent to you from a money transfer?

sometimes