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The fact is, that ALL of the money collected by the IRS goes to Private Banks to service loans to the govt. 100% all the income tax you give goes to the pockets of private bankers. A grand illusion is most Americans believe all the income tax goes to pay for the running of the country. NOT>> The money to run the govt, comes from private banking instiutions, who loan money to the govt. Its absurd. Its a huge ponzi scheme. Trumps Madoff. So the answer to the question "How much does the IRS collect each year?" is that it doesn't matter. Its ALL theivery. No matter if its 100 million or $1000 billion, its robbery, plain and simple. Until this robbery is stopped, it will be very difficult for America to be free again.
What else can I help you with?
Why does the IRS not disclose the exact amount you owe in taxes?
The IRS does not disclose the exact amount you owe in taxes to protect your privacy and prevent potential fraud or identity theft.
Why doesn't the IRS simply send a bill instead of requiring taxpayers to calculate and pay their own taxes?
The IRS requires taxpayers to calculate and pay their own taxes because the tax system is based on self-reporting and self-assessment. This system relies on individuals to accurately report their income and deductions to ensure compliance with tax laws. Sending a bill to each taxpayer would be impractical and could lead to errors or fraud.
Why doesn't the IRS inform individuals of the exact amount they owe in taxes?
The IRS does not inform individuals of the exact amount they owe in taxes because the tax system is based on self-reporting and individuals are responsible for calculating and reporting their own income and deductions accurately. The IRS provides guidelines and forms to help individuals calculate their taxes, but ultimately it is the individual's responsibility to determine the correct amount owed.
Why doesn't the IRS inform taxpayers about the exact amount they owe?
The IRS does not inform taxpayers about the exact amount they owe because they want taxpayers to accurately report their own income and deductions. This helps ensure that taxpayers take responsibility for their tax obligations and reduces the risk of errors or fraud.
Why do we have to file taxes if the IRS already knows our financial information?
Filing taxes allows individuals to report their income, deductions, and credits accurately to ensure they are paying the correct amount of taxes. The IRS uses this information to verify and cross-check against their records, ensuring compliance with tax laws and identifying any discrepancies.
Three services and explain each provided by the IRS?
collect taxes from the poor
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
How much money did the IRS collect in 2008?
Roughly 3 trillion from all sources.
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)
When does the IRS open to file taxes?
January 1st of each year
Does the IRS collect state taxes?
No, the IRS does not collect state taxes. State taxes are collected by individual state governments, while the IRS (Internal Revenue Service) collects federal taxes on behalf of the federal government.
How many people are audited by the IRS each year?
Each year, the IRS audits around 0.5% of individual tax returns. This percentage varies depending on factors like income level and types of deductions claimed.
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 the IRS return to taxpayers last year?
300 billion
How much money can a child give a parent tax-free each year?
The IRS allows tax free gifts to family members. Up to $14,000 may be given to family members each year. Married people can give up to $28,000 per year.
What is the function of the IRS?
They determine, asses, and collect internal revenues in the US.
When are 1099s sent out?
1099s are typically sent out by businesses to individuals and the IRS by January 31st each year.
