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LSDefine

Simple English definitions for legal terms

Internal Revenue Service (IRS)

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A quick definition of Internal Revenue Service (IRS):

The Internal Revenue Service (IRS) is the government agency responsible for collecting taxes in the United States. It was established in 1862 and is part of the Department of the Treasury. The IRS collects taxes on income, property, and other things. If someone doesn't pay their taxes, they can be fined or even go to jail. The rules for taxes are in a book called the Internal Revenue Code (IRC). Breaking these rules can be a crime or a civil offense.

A more thorough explanation:

The Internal Revenue Service (IRS) is the government agency responsible for collecting taxes in the United States. It is part of the Department of the Treasury. The IRS was established in 1862 to collect taxes on alcohol, property, and other things related to revenue. In 1913, the Sixteenth Amendment to the U.S. Constitution gave Congress the power to collect taxes on income. The IRS then created a division to collect personal income taxes. In 1952, the agency officially became the Internal Revenue Service.

The IRS enforces the Internal Revenue Code (IRC), which is the law that governs taxes in the United States. Breaking the IRC can result in fines or even imprisonment. For example, if someone intentionally tries to avoid paying taxes, they can be fined and sent to jail.

Example: John is a self-employed contractor. He is required to pay taxes on his income. If he fails to report all of his income or tries to avoid paying taxes, he could be fined or even go to jail.

Example: Sarah is an employee at a company. Her employer withholds taxes from her paycheck and sends them to the IRS. If Sarah fails to file her tax return or pay any additional taxes owed, she could face penalties from the IRS.

These examples illustrate how the IRS collects taxes and enforces the law to ensure that everyone pays their fair share of taxes.

Internal Revenue Code (IRC) | International Atomic Energy Agency

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i called tamu about my app and then they rejected me in 2 days
so do with that info what you will lol
they said "here, damn"
dead
they actually sent me a rejection packet. it included everything the admitted students packet has but without the acceptance
omg.....
i hate to put this vibe in the air but it's like they were preloading an admission for you and then decided against it
16:53
@putitinreverseterry: I'm dead
Freakin’ CUNY man “a decision has been rendered” sweet gonna tell me what it is or????
It was a super fast turnaround so I’m 90% it’s an R but like come on
@putitinreverseterry: you fr are making me wonder if i should call Fordham LOL
i was joking
i think its perfectly acceptable to call for an update
wish me luck imma do it rn then
i'll be serious now. when's the last time you got an update?
good luck! just call and ask if theres anything you could be doing while you wait
i find thats better than asking for a timeline
ty this is all very valuable
voicemail box D:
good luck, you got it! as someone that has been through this process twice. It will all work out in the end :)
17:10
where’s BC i’m scared
17:16
Thicky plz do not get star spangled hammered tonite.
applied mid november and still nothing from BC
it's actually getting really annoying
MrThickRopes
17:46
2 Late llama
17:50
@HeadyInvincibleRabbit: Sorry fren. Try to keep ur chin up and be patient (as tough as that sounds). Also, did you receive an LSAC conformation email ensuring your apps were sent?
17:51
@MrThickRopes: Try spicy water (sparkling water). It has all the pros of beer and none of the negatives.
Mostlylegal
17:54
I love sparkling water
17:55
@Mostlylegal: Gets it.
MrThickRopes
17:56
Na I’m drinking dat white claw
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