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Meaning of IRS | Babel Free

Noun CEFR C2
ˈaɪ.ɑɹ.ɛs

Definitions

  1. Initialism of Internal Revenue Service.
  2. Initialism of inertial reference system.
  3. Initialism of interest rate swap.
  4. Initialism of Indian Revenue Service.
  5. Initialism of Interface Requirements Specification.
  6. Initialism of instant replay system.

Equivalents

Examples

“[…] It is going to be up to the taxpayer, if they receive a 1099 in any form for a nontaxable event, such as splitting rent among roommates, splitting a dinner bill, or even selling something on eBay for less than you paid for it, to explain to the IRS that the 1099 was received for a non-taxable transaction,” said Mark Luscombe, principal analyst for tax publisher Wolters Kluwer Tax & Accounting.”
“Current law does not allow individuals to contribute to an HSA if they utilize certain discounted health services at a health clinic at their worksite because the IRS views such services as a significant medical benefit, therefore incompatible with HSAs.”

CEFR level

C2
Mastery
This word is part of the CEFR C2 vocabulary — mastery level.
See all C2 English words →

See also

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