the popurse of the IRS

In 1862 the tax paying agency was formed. During war times, the citizens of USA needed pro-tection from other countries. The government could not raise all the money for war expenses. President Lincoln and the United States congress decided to seek money from the public. That was the beginning of taxation. There are a lot of reasons for taxation and these are the basis for formation of the IRS. The IRS deals with estate, corporate and gift taxes as well as collects taxes from employment and individuals it is responsible for the administration of all types of taxes. The original (1913) due date was March 1 in 1918 that date was moved forward to March 15 and remained so until 1954 when the current due date of April 15 was established. On Oct. 17, 1931, Chicago gangster Al Capone was convicted of income tax evasion and later sentenced to 11 years in federal prison. In electronic filing began in 1986.
How is an individual's tax liability calculated? First obtain a Form 1040 or 1040ez with instruc-tion. Two separate documents that can be downloaded from the IRS website. Total income in-cludes wages, salary and tips. Calculate gross income, allow deductions. Then look up your standard deduction on Form 1040. Choose whichever of these two figures is largest and subtract it from your adjusted gross income. Calculate your taxable income. Multiply $3,800 by the number of exemptions. Calculate total tax this is done by multiplying your tax rate by your taxa-ble income. Your tax rate is determined by your taxable income and can be found in your In-structions book.
The Benefits of paying taxes are taxes go in to government funding programs like schools, emer-gency services (fire, ambulance, police), mail service, road construction, public buildings & parks, museums, welfare if you ever need it, etc. then you have your social security taxes for your retirement when you reach that point in life.