Some facts about the
IRS
The Internal Revenue Service was formed on July 1, 1862 during the Civil War.
It was created to collect temporary income tax to pay war expenses.
The IRS has around 89,500 employees (2014).
In 2014, the IRS’ budget was
$11.3 billion.
The IRS collects around $2.7 trillion each year.
In 2013, 240 million tax returns were filed with the IRS.
In 2013, 77,268,000 tax refunds were efiled by Tax Professionals. Total e-filed tax returns: 122,515,000.
These were some facts about the IRS. More are coming, so keep reading and stay connected.