What does IRS stand for?
AnswerInternal Revenue Service
The IRS is the US federal tax agency.
Money · Facts & stats
7 fact-checked facts about US tax history and tax-form basics, each with the reason behind it. 5 more are in today's round and join this page after it closes.
AnswerInternal Revenue Service
The IRS is the US federal tax agency.
AnswerThe US individual income tax return
Most individuals file their federal return on Form 1040.
AnswerThe 16th Amendment
The 16th Amendment permits taxing incomes without apportionment.
AnswerAn employer, to set withholding
Employees fill out a W-4 so employers know how much to withhold.
AnswerThe Civil War
Congress passed an income tax in 1861 to fund the Civil War.
AnswerMarch 15
The deadline moved from March 15 to April 15 in 1955.
AnswerEmployer Identification Number
An EIN identifies a business for tax purposes.