What does IRS mean?

Definitions for IRS
irs

This dictionary definitions page includes all the possible meanings, example usage and translations of the word IRS.

Princeton's WordNet

  1. Internal Revenue Service, IRSnoun

    the bureau of the Treasury Department responsible for tax collections

Wikipedia

  1. irs

    The Internal Revenue Service (IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law. It is an agency of the Department of the Treasury and led by the Commissioner of Internal Revenue, who is appointed to a five-year term by the President of the United States. The duties of the IRS include providing tax assistance to taxpayers; pursuing and resolving instances of erroneous or fraudulent tax filings; and overseeing various benefits programs, including the Affordable Care Act. The IRS originates from the Commissioner of Internal Revenue, a federal office created in 1862 to assess the nation's first income tax to fund the American Civil War. The temporary measure provided over a fifth of the Union's war expenses before being allowed to expire a decade later. In 1913, the Sixteenth Amendment to the U.S. Constitution was ratified authorizing Congress to impose a tax on income, and the Bureau of Internal Revenue was established. In 1953, the agency was renamed the Internal Revenue Service, and in subsequent decades underwent numerous reforms and reorganizations, most significantly in the 1990s. Since its establishment, the IRS has been responsible for collecting most of the revenue needed to fund the federal government, albeit while facing periodic controversy and opposition over its methods, constitutionality, and the principle of taxation generally. In recent years the agency has struggled with budget cuts and reduced morale. As of 2018, it saw a 15 percent reduction in its workforce, including a decline of more than 25 percent of its enforcement staff. Nevertheless, during the 2017 fiscal year, the agency processed more than 245 million tax returns.

ChatGPT

  1. irs

    The IRS, short for the Internal Revenue Service, is the U.S. government agency responsible for the collection of taxes and enforcement of tax laws. Established in 1862 by President Lincoln, the IRS is a bureau within the Department of the Treasury. Its responsibilities also involve interpreting and implementing the internal revenue code, distributing tax refunds, and overseeing various benefits programs.

Suggested Resources

  1. irs

    Song lyrics by irs -- Explore a large variety of song lyrics performed by irs on the Lyrics.com website.

  2. IRS

    What does IRS stand for? -- Explore the various meanings for the IRS acronym on the Abbreviations.com website.

Matched Categories

Anagrams for IRS »

  1. ISR

  2. RSI

  3. SIR

  4. Sir

  5. sir

How to pronounce IRS?

How to say IRS in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of IRS in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of IRS in Pythagorean Numerology is: 1

Examples of IRS in a Sentence

  1. Kirk Stark:

    Keep in mind that if the IRS wanted to litigate this issue, it could do so with existing programs - it wouldn’t have to wait until some new program is enacted in New York, New Jersey, California, etc..

  2. Tom Fitton:

    We now have smoking-gun proof that top officials in the Obama IRS unlawfully harassed taxpayers just to keep them from complaining to Congress about IRS‘ targeting and abuse. No wonder the Obama IRS has had such little interest in preserving or finding Lois Lerner’s emails.

  3. Donald Trump on Saturday:

    I'm always audited by the IRS which I think is very unfair, maybe because of religion, maybe because of something else, well, maybe because of the fact that I'm a strong Christian and I feel strongly about it and maybe there's a bias.

  4. Howard Gleckman:

    The timing could be more challenging this time, but the IRS could likely begin to get the money out in January.

  5. Adrian Smith:

    I think it's important that we strategically lay this out in a way that we can get some results through legislation to prevent these bad things from happening again, everyone is worried about what these IRS agents will do, and we're committed to holding the agency accountable.

Popularity rank by frequency of use

IRS#1#8520#10000

Translations for IRS

From our Multilingual Translation Dictionary

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"IRS." Definitions.net. STANDS4 LLC, 2024. Web. 19 Mar. 2024. <https://www.definitions.net/definition/IRS>.

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