Internal Revenue Service

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Internal Revenue Service (IRS)

The federal agency responsible for the collection of federal taxes, including personal and corporate income taxes, Social Security taxes, and excise and gift taxes.

Internal Revenue Service

The tax collection agency for the United States government. It is responsible for collecting all federal taxes derived from sources other than tariffs and associated fees. Nearly half of its revenues comes from taxes on personal incomes, with much of the rest coming from corporate taxes and employment taxes. The IRS has the ability to place and enforce liens on property and other assets for nonpayment of taxes. The activities of the IRS fund (many of) the functions of the American government. It is not responsible for collection of state and local taxes. See also: Notice of seizure.

Internal Revenue Service (IRS)

The agency of the U.S. Treasury Department that administers the Internal Revenue Code.

Internal Revenue Service (IRS)

the United States equivalent of the British INLAND REVENUE which is responsible for assessing and collecting taxes.

Internal Revenue Service (IRS)

A bureau within the United States Department of the Treasury,the IRS is charged with the responsibility of collecting the taxes imposed by Congress.In furtherance of that responsibility,it provides a wealth of resources to assist law-abiding persons in understanding and complying with the complicated tax laws of the country.An excellent search engine at the IRS Web site, www.irs.gov, gives access to thousands of online publications,forms,instructions,and even internal IRS manuals.

Internal Revenue Service (IRS)

The division of the U.S. Treasury Department responsible for collecting taxes.
References in periodicals archive ?
The Bureau of Internal Revenue (BIR) will carry out a major personnel movement within the next few days following the splitting of the big Quezon City and Makati regional offices.
Finance Assistant Secretary Antonio Joselito Lambino II said on Wednesday the fuel marking program to be implemented by the Department of Finance (DOF), Bureau of Customs (BoC) and Bureau of Internal Revenue (BIR) would pave the way for the arrest of 'fuel smugglers.'
The Bureau of Internal Revenue (BIR) is coming out with a new list of top withholding agents to monitor closely payment of taxes from this source.
Less than 1 percent of the more than 1,000 alleged tax evaders slapped with cases by the Bureau of Internal Revenue (BIR) were convicted in the past 13 years.
The Bureau of Internal Revenue (BIR) has formed two regions in Metro Manila to supervise and monitor closely the assessment and payment of taxes estimated at more than P400 billion for the year.
Aspirants for the position include Bureau of Internal Revenue (BIR) Deputy Commissioner Lanee Cui-David, a former lawyer of Janet Lim-Napoles; former Ateneo Law Dean Cesar Villanueva; academician Atty.
The Bureau of Internal Revenue (BIR) has advised delinquent taxpayers to declare all their liabilities when they apply for tax amnesty on delinquencies.
To address the 'rampant' sale of counterfeit tax identification number (TIN) cards, the Bureau of Internal Revenue (BIR) will introduce a new design that is more difficult to fake.
The Bureau of Internal Revenue (BIR) said Thursday that tax liabilities which have become final and executory before April 24, 2019, are covered by tax amnesty on delinquencies (TAD).

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