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Publication 501ContentsExemptions, Standard Deduction, and Filing Informational's Newest. No. 15000U Department of the Treasury Internal Revenue Service.................. 1Reminders. . . . . . . .
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IRS stands for Internal Revenue Service, which is the tax administration agency of the United States federal government.
Individuals, businesses, and organizations who have taxable income or meet specific criteria are required to file taxes with the IRS.
Taxpayers can fill out IRS forms either manually or electronically through the IRS website or tax software programs.
The purpose of the IRS is to collect taxes and enforce tax laws in order to fund government operations and services.
Taxpayers must report their income, deductions, credits, and other relevant financial information on IRS forms.
The deadline to file IRS taxes in 2023 is typically April 15th, but may be extended depending on the tax year.
The penalty for late filing of IRS taxes is typically a percentage of the unpaid tax amount, calculated based on the number of days the return is late.
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