Definitions for IRs
irs

Princeton's WordNetRate this definition:0.0 / 0 votes

1. Internal Revenue Service, IRSnoun

   the bureau of the Treasury Department responsible for tax collections

WikipediaRate this definition:0.0 / 0 votes

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.

Suggested ResourcesRate this definition:0.0 / 0 votes

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

1. • Agency

Anagrams for IRs »

1. ISR

2. RSI

3. SIR

4. Sir

5. sir

How to pronounce IRs?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

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. Louisiana Gov. Bobby Jindal:

   Not only am I going to send the Department of Justice and the IRS, I will send (the Occupational Safety and Health Administration), the (Environmental Protection Agency) and every federal agency I can think of to go after Planned Parenthood.

2. Paul Mamo:

   It is always worthwhile to take advantage of various methods of getting back into filing or payment compliance before being personally contacted by the The IRS.

3. Janet Yellen:

   Banks already report directly to the IRS the interest that they pay on accounts when it exceeds $ 10, and this is not a proposal to provide detailed, transaction-level data by banks to the IRS.

4. Steve Johnson:

   Right now, the IRS clearly does not have the human and financial resources to do anything meaningful with an influx of a lot of information.

5. Anthony Mailloux:

   We expected that it would take the IRS some time to roll it out. But we just want to know the date.

Popularity rank by frequency of use

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=IRs
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Irs