IRS (Internal Revenue Service)

The IRS is an institution that acts as the federal tax office of the United States. The Internal Revenue Service has oversight and enforcement of tax laws throughout the country. In addition, taxes are collected by this institution. This is an institution that both US citizens and non-US citizens who file tax returns should address.

What is the IRS? – What are Its Main Functions?

The Internal Revenue Service was established in 1862 during the US Civil War. Its purpose was to cover the expenses of the Civil War. In fact, this institution, which was initially established temporarily, was made permanent in 1913. From that date on, the IRS has become the most important institution in the federal tax system.

The following are generally prominent among the institution’s purposes:

• All federal taxes are collected under this institution. (Income Tax, Social Security Taxes, Corporate Tax, etc.)
• The institution that audits taxes and imposes sanctions against them is the IRS. If the institution detects a situation such as tax evasion, legal action is initiated.
• All tax return transactions in the USA are also processed by this institution. (IRS tax return)
• The IRS is also the only institution that should be addressed in matters such as refunds. (IRS tax refund)

What is the IRS Phone Number?

There are multiple channels you can reach the institution. You can even call different phone numbers according to your needs. You can also reach the institution through the following channels:

• Official Website:gov
• Telephone Line for International Applications: 267-941-1099
• Taxpayer Assistance Center: The centers providing services under this name are also authorized members of the institution.
• Authorized Acceptance Agents: Channels such as ein-itin.com are companies where all international applications can be made.

What is the IRS ITIN Application?

ITIN stands for Individual Taxpayer Identification Number and can replace SSN in some cases. If a person who will file a tax return in the US cannot obtain an SSN, they must obtain an ITIN. Applications for this are made directly to the IRS.

It is possible to obtain an ITIN by filling out the W 7 form and declaring other required documents. The institution will also evaluate your application by conducting the necessary examinations. Once your ITIN application is approved, you can file a tax return. Of course, you can also request a loan from some financial institutions if you wish. An ITIN is also required for non-US citizens to receive a mortgage loan.

What is the IRS EIN Application?

EIN stands for Employer Identification Number. This number also allows tax declarations to be made, just like an ITIN. However, EIN, as its name suggests, is a number given to companies. This allows the company to file a tax declaration. In addition, a bank account can be opened or a loan can be requested in the name of the company with an EIN.

You can receive notification that your application has been approved with IRS letter 147c. This document also includes your EIN number.

Who Does the Internal Revenue Service Provide Services To?

The Internal Revenue Service is not an agency that only concerns US citizens. Anyone residing in the US may be involved with this agency. The same applies to US companies.

Foreign nationals who earn income from the US must also report their income to the Internal Revenue Service. This obligation also applies to students. For example, international students must notify the Internal Revenue Service when they receive a scholarship or grant.

In short, everyone who has a tax return or tax declaration in the US crosses paths with the Internal Revenue Service. If you would like to get more detailed information about these issues, you can get support from ein-itin.com.