Q:

Who is the director of the IRS?

A:

The Commissioner of the Internal Revenue Service (IRS), as of June 2014, is John Koskinen. The commissioner presides over the IRS. There is no position or title of significance at the IRS of "director."

As Commissioner, Mr. Koskinen is responsible for a system that collects an approximate 2.4 trillion dollars annually. This collection funds most federal government operations and services.The agency employs some 90,000 employees and has a budget of an estimated 11 billion dollars.

Koskinen has a long executive history, including a tenure at Freddie Mac (the Federal Home Loan Mortgage Corporation), which included a 2009 appointment as acting executive director.

Sources:

  1. irs.gov
  2. irs.gov

Is this answer helpful?

Similar Questions

  • Q:

    What is an IRS enrolled agent?

    A:

    An Internal Revenue Service (IRS) enrolled agent is a person who has earned the right to represent taxpayers before the IRS in one of two ways: either by experience as a former IRS employee or by passing a three-part comprehensive IRS exam. This is the highest credential the IRS awards.

    Full Answer >
    Filed Under:
  • Q:

    Does the IRS do direct deposit?

    A:

    The Internal Revenue Service, commonly referred to as the IRS, facilitates direct deposit into a bank account for tax refunds when requested. According to the IRS website, taxpayers in 2014 who use an e-file service and request direct deposit typically receive refunds in as little as 10 days.

    Full Answer >
    Filed Under:
  • Q:

    How do you prove insolvency to the IRS?

    A:

    To prove insolvency to the IRS, an insolvency worksheet calculates the amount of cancelled debt income that can be excluded, and Form 982 is used to report it to the IRS. The worksheet does not have to accompany the tax return, according to the IRS.

    Full Answer >
    Filed Under:
  • Q:

    What is the purpose of a W-9 form?

    A:

    The W-9 form is a sheet generated by the Internal Revenue Service to obtain a legal and accurate tax identification number from an individual or corporation required to file an information return to the IRS. The IRS requires citizens and businesses to file certain financial information, which is used to determine the amount of taxes owed and to gain other information, such as income accrued and real estate transactions.

    Full Answer >
    Filed Under:

Explore