Internal Revenue Service

Internal Revenue Service definition - finance
The U.S. government agency that is in charge of collecting federal income tax from individuals, corporations, and estates, as well as excise taxes and other taxes. The IRS is part of the U.S. Treasury Department.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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