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Duties & Functions
Internal Revenue Service
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The (IRS) is responsible for
determining, assessing, and collecting internal
revenue in the United States. This revenue consists
of personal and corporate income taxes, excise,
estate, and gift taxes, as well as employment taxes
for the nation's Social Security system.
The Bureau of Internal Revenue was established
on , 1862, to collect new income taxes,
money which was used to pay for the Civil War.
Although the income tax was declared
unconstitutional by the Supreme Court in 1895, the
national income tax was reinstated in 1913. The
Bureau of Internal Revenue was responsible for
enforcement of the amendment in the
1920's. The Bureau of Internal Revenue was
reorganized in 1953 and renamed the Internal
Revenue Service. It remains the largest of
Treasury's bureaus.
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