Internal Revenue Service

American  

noun

1. the division of the U.S. Department of the Treasury that collects internal revenue, including income taxes and excise taxes, and that enforces revenue laws. IRS

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Internal Revenue Service ¹ Cultural  

1. A federal agency, part of the Department of the Treasury, that collects most federal taxes, including income and Social Security taxes.

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Internal Revenue Service ² Cultural  

1. Part of the United States Department of the Treasury. The IRS is responsible for the collection of all federal taxes, except customs duties.

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Example Sentences

That’s the question when it’s time to file income taxes with the Internal Revenue Service.

From MarketWatch

If I do change to transfer-on-death, is there a lookback or waiting period as far as the Internal Revenue Service is concerned?

From MarketWatch

The legislation includes income-tax breaks that may spur economic growth as people receive larger tax refunds from the Internal Revenue Service this year than they received last year.

From MarketWatch

Under Internal Revenue Service rules, it’s perfectly fine to rent to a family member at below market rent — but doing so has significant tax implications, not least by limiting and/or preventing myriad expense-related deductions.

From MarketWatch

His mother, Irene Meyerhof Erdoes, was born in Germany, served as a United Nations interpreter and later worked at the Internal Revenue Service.

From The Wall Street Journal