Assessable Profit

Finance allah shmoop What is the i r s Well

i rest might be the three most hated letters in

the alphabet Well after d m v a pms and

well maybe std The i r s is the internal

revenue service Their internal i e inside the government they're

in charge of collecting revenue A k a They take

money from your pocket in the form of taxes and

they deliver it to uncle sam and they you know

service you and it doesn't feel good So yeah these

are the guys from the us treasury department who checked

to make sure you filled out your income tax forms

correctly and submitted the proper amount And if you screwed

up in any way they will let you know about

it and a half in the form of angry letters

Phone calls knocks on your front door rocks through your

back window Whatever it takes to get you to pay

your fair share of taxes Like why should you get

away with not paying when the jones has paid all

they owed Or the irs can do even worse and

audit you with an audit he irs will request extensive

and very specific information and records from you Paycheck deductions

all kinds of things You claim that you did that

were deductible that may or may not have been forcing

you to spend hours upon hours at your public storage

unit digging through boxes you hoped and prayed you'd never

see again Well after the third solid week of having

your financial history poked and prodded like you've had to

turn your head and cough you uh might actually be

ready and willing to trade in those three letters of 00:01:35.13 --> [endTime] irs for rough one of those stds instead