A Tax Authority is a government agency responsible for administering and enforcing tax laws. This organization collects taxes from individuals and businesses, ensuring compliance with tax regulations. It also provides guidance on tax obligations and processes tax returns. In many countries, the Tax Authority plays a crucial role in funding public services, such as education and healthcare. It may conduct audits to verify tax filings and investigate tax evasion. Examples of such agencies include the Internal Revenue Service (IRS) in the United States and the HM Revenue and Customs (HMRC) in the United Kingdom.