English version

IRS, the

From Longman Dictionary of Contemporary EnglishIRS, thethe IRSIRS, the /ˌaɪ ɑːr ˈes/  (the Internal Revenue Service) the government organization in the US which is responsible for collecting national taxes, especially income tax (based on how much money you earn) and corporation tax (based on how much profit a company makes). People in the US have to send an income tax return by April every year (=an official form showing how much tax they have paid and how much they owe).From Longman Business DictionaryIRSIRSTAXORGANIZATIONS abbreviation for INTERNAL REVENUE SERVICEThe IRS is taking a closer look at the deal.an IRS assessment

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