Whois & Analysis for freetaxusa.com

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 for 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 federal statutory tax law of the U.S. Its duty to maximize tax revenue entails providing tax assistance to taxpayers, as well as pursuing and resolving instances of erroneous or fraudulent tax filings.

The IRS has also overseen various benefits programs, and enforces portions of the Affordable Care Act.

Tax returns in the United States are reports filed with the Internal Revenue Service (IRS) or with the state or local tax collection agency (California Franchise Tax Board, for example) containing information used to calculate income tax or other taxes.

Tax returns are generally prepared using forms prescribed by the IRS or other applicable taxing authority.

Tax preparation is the process of preparing tax returns, often income tax returns, often for a person other than the taxpayer, and generally for compensation.

Tax preparation may be done by the taxpayer with or without the help of tax preparation software and online services.

Tax preparation may also be done by a licensed professional such as an attorney, certified public accountant or enrolled agent, or by an unlicensed tax preparation business.

Because United States income tax laws are considered to be complicated, many taxpayers seek outside assistance with taxes (59.2% of individual tax returns in 2007 were filed by paid preparers).

The remainder of this article describes tax preparation by someone other than the taxpayer.

E-file is a system for submitting tax documents to the US Internal Revenue Service through the Internet or direct connection, usually without the need to submit any paper documents.

Tax preparation software with e-filing capabilities includes stand-alone programs or websites.

Tax professionals use tax preparation software from major software vendors for commercial use.

Most individual U.S. states collect a state income tax in addition to federal income tax.

The two are separate entities.

Some local governments also impose an income tax, often based on state income tax calculations.

Forty-three states and many localities in the United States may impose an income tax on individuals.

Forty-seven states and many localities impose a tax on the income of corporations.