Question

In: Accounting

Predict a counter argument that the IRS could use to validate its position. a response to...

Predict a counter argument that the IRS could use to validate its position. a response to the predicted IRS counter argument. Provide a rationale for the prediction.

Solutions

Expert Solution

The Internal Revenue Service (IRS) is the revenue service of the United States federal government. The government agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue, who is appointed to a five-year term by the President of the United States. The IRS is responsible for collecting taxes and administering the Internal Revenue Code, the main body of federal statutory tax law of the United States. The duties of the IRS include providing tax assistance to taxpayers and pursuing and resolving instances of erroneous or fraudulent tax filings.

However, The IRS has been accused of abusive behavior on multiple occasion on cases of overly aggressive IRS collection tactics in considering a need for legislation to give taxpayers greater protection in disputes with the agency.Some tax evaders claim that the IRS is only posing as a government agency and that it's really just a private corporation out to take their money. They argue that Congress didn't officially create the IRS, and therefore the agency doesn't have the authority to impose taxes.

I believe IRS is the only federal agency that can investigate potential criminal violations of the Internal Revenue Code.


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