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.

ChatGPTRate this definition:0.0 / 0 votes

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 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. Tynisa Gaines:

   We can do the math, but we don't know with any certainty what the IRS is actually doing, they are just an agency doing what they are told. Congress passed this law while they were basically furloughed.

2. David Bossie:

   I don’t know of one case where a fraud was proven by the IRS having had the Schedule B.

3. Orrin Hatch:

   Taxpayers deserve to know what happened at the IRS regarding the data theft, and this hearing will be the first step of many that the committee takes to determine what happened and how the government can prevent such attacks from happening again.

4. Mark Meckler:

   We are very pleased that the 6th Circuit had smacked down the IRS and its thuggish DOJ lawyers.

5. Charles Rossotti:

   If you’re going to run an agency as huge as the IRS, you need time and continuity to make improvements, so the distinction was made as an administrative leadership management position as opposed to a policy position.

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
3. ^ ChatGPT
   https://chat.openai.com