We have changed our privacy policy. In addition, we use cookies on our website for various purposes. By continuing on our website, you consent to our use of cookies. You can learn about our practices by reading our privacy policy.


Internal Revenue Service

Categories: Tax, Regulations

IRS might be the three scariest letters in the alphabet.

The IRS is the Tax Man: they're the guys you file taxes with and the guys who audit you or ask questions if they think you're fudging your tax returns. The IRS is also the part of the Treasury Department in charge of the federal tax system.

Find other enlightening terms in Shmoop Finance Genius Bar(f)