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Vocabulary Entry
irs
|noun • verb
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N
noun
A three-letter abbreviation often referring to the Internal Revenue Service, a U.S. government agency responsible for tax collection.
Example Sentences
"I received a letter from the IRS regarding my recent tax return."
"The IRS offers various resources to help taxpayers understand their obligations."
"It's important to file your taxes on time to avoid penalties from the IRS."
V
verb
To categorize or assign to the IRS; used informally in the context of taxes.
Example Sentences
"Make sure to irs your income correctly to avoid any issues."
"I need to irs my deductions before submitting my tax return."
"It's wise to irs all your charitable donations for accurate reporting."