Internal Revenue Service (IRS)

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The IRS is the federal government agency that collects and administers federal taxes. When you file your taxes, you will send your tax return to the IRS. If you get a tax refund, you will get it from the IRS, and if you are unlucky enough to receive a tax audit, it's the IRS that will conduct it. The entire federal system of taxation is described in the tax code. People sometimes talk about giving money to, or getting money back from, the "taxman." There is no such person; it is just an easy way of referring to the IRS.