Internal Revenue Service

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

Internal Revenue Service

¹

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

Internal Revenue Service

²

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

Example Sentences

Ramaswamy meanwhile has put forward plans to scrap a number of federal departments including the Department of Education, the Nuclear Regulatory Commission, the Internal Revenue Service and the FBI.

From BBC

New appointees at the Internal Revenue Service would likely be ordered to audit prominent Democrats’ tax returns, an action Trump demanded during his first term.

From Los Angeles Times

The tax case looks at a similar time period through a different prism: where Hunter Biden’s income came from, how he spent it and, ultimately, how he reported it all to the Internal Revenue Service.

From Los Angeles Times

While the Internal Revenue Service has oversight over nonprofits, the average annual audit rate by the agency is less than 1 percent.

From New York Times

The Internal Revenue Service uses it for some livestock-related tax deferrals, while the U.S.

From Los Angeles Times