The ___________________ is a federal agency established by Congress and tasked with administering and collecting federal income tax:

Question

Quizplus · Accepted Answer

The IRS (Internal Revenue Service) is the federal agency responsible for administering and collecting federal income tax. The FDA (Food and Drug Administration) is responsible for ensuring the safety and efficacy of food, drugs, and medical devices. The FDIC (Federal Deposit Insurance Corporation) protects depositors and maintains stability in the banking system. The SEC (Securities and Exchange Commission) regulates the securities markets and protects investors.

The ___________________ Is a Federal Agency Established by Congress and Tasked