What does internal revenue service mean?

Definitions for internal revenue service
in·ter·nal rev·enue ser·vice

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

Princeton's WordNet

  1. Internal Revenue Service, IRSnoun

    the bureau of the Treasury Department responsible for tax collections

Wiktionary

  1. Internal Revenue Servicenoun

    The United States government agency that collects taxes and enforces the internal revenue laws.

Wikipedia

  1. Internal Revenue Service

    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. internal revenue service

    The Internal Revenue Service (IRS) is a U.S. government agency responsible for the collection of taxes and enforcement of tax laws. It is part of the Department of the Treasury and its primary purpose is to fund the federal government's operations. The IRS also investigates and penalizes tax evasion and fraud, as well as providing tax assistance to taxpayers.

Wikidata

  1. Internal Revenue Service

    The Internal Revenue Service is the revenue service of the United States federal government. The agency is a bureau of the Department of the Treasury, and is under the immediate direction of the Commissioner of Internal Revenue. The IRS is responsible for collecting taxes and the interpretation and enforcement of the Internal Revenue Code. The first income tax was assessed in 1862 to raise funds for the American Civil War, with a rate of 3%. Today the IRS collects over $2.4 trillion each tax year from around 234 million tax returns.

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Numerology

  1. Chaldean Numerology

    The numerical value of internal revenue service in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of internal revenue service in Pythagorean Numerology is: 3

Examples of internal revenue service in a Sentence

  1. Amy Spitalnick:

    As our lawsuit against the Trump Foundation illustrates, we intend to hold the Foundation and its directors accountable for all violations of state law, we continue to evaluate the evidence to determine what additional actions may be warranted, and will seek a criminal referral from the appropriate state agency as necessary. We've already referred apparent violations of federal law to the Internal Revenue Service and FEC.

  2. Robert Trump:

    Our dear father, President Donald Trump, passed away in June 1999. Mary Anne Trump, Mary Anne Trump, passed away in August 2000, all appropriate gift and estate tax returns were filed, and the required taxes were paid. Our father's estate was closed in 2001 by both the Internal Revenue Service and the New York State tax authorities, and our mother's estate was closed in 2004. Our family has no other comment on these matters that happened some 20 years ago, and would appreciate your respecting the privacy of our deceased parents, may God rest their souls.

  3. Elizabeth Warren:

    No tricks, no deductions, no loopholes, nothing fancy. Seven cents to the Internal Revenue Service.

  4. Joseph Banister:

    The Internal Revenue Service is everything the so-called tax protesters said it was; nonresponsive, unable to withstand scrutiny, tyrannical, and oblivious to the rule of law and the U.S. Constitution.

  5. Timothy Camus:

    They have information that only the Internal Revenue Service would know about you, it's a byproduct of today's society. There's so much information available on individuals.


Translations for internal revenue service

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"internal revenue service." Definitions.net. STANDS4 LLC, 2024. Web. 19 Jul 2024. <https://www.definitions.net/definition/internal+revenue+service>.

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