Categories: General Tax Terms
U.S. Treasury
The U.S. Treasury is the federal department responsible for managing the government’s finances, including the issuance of currency, collection of taxes, and management of federal debt.
It oversees various functions such as formulating economic policy, enforcing financial sanctions, and managing government accounts. The Treasury also produces financial reports and ensures the financial stability of the United States. Key components of the U.S. Treasury include the Internal Revenue Service (IRS) and the Bureau of the Fiscal Service.
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