the Internal Revenue Service

noun

: the department of the U.S. federal government that is responsible for collecting taxes

Examples of the Internal Revenue Service in a Sentence

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Many savers will be allowed to set aside an extra $1,000 a year in their 401(k) plans in 2026 based on new contribution limits announced by the Internal Revenue Service. Susan Tompor, Freep.com, 13 Nov. 2025 For payments to go out, Congress would have to approve the plan, designate tariff revenue or appropriate funds, and direct an agency such as the Internal Revenue Service or the Treasury Department to distribute the money. Gabe Whisnant, MSNBC Newsweek, 10 Nov. 2025 Notably, the Internal Revenue Service has never considered these service fees as tips. Cheryl Winokur Munk, CNBC, 8 Nov. 2025 Any person winning $600 or more worth of prizes from a Sponsor in a calendar year will receive an IRS form 1099 after the end of the calendar year in which the prizes were awarded and copy of such form will be filed with the Internal Revenue Service (IRS). Jeff Spry, Space.com, 5 Nov. 2025 See All Example Sentences for the Internal Revenue Service

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Cite this Entry

“The Internal Revenue Service.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/the%20Internal%20Revenue%20Service. Accessed 17 Nov. 2025.

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