English Dictionary (Humor) beta

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TLex Dictionary
Current search: IRS | Results: 3

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Anonymous A person or thing without a name or identity.  ■ "The anonymous caller claimed to be from the IRS and demanded that I pay my taxes immediately."

Audit A thorough examination and review of accounts, records, or other financial information to ensure their accuracy and compliance with relevant laws or regulations.  ■ "I just got an audit from the IRS and it turned out that I owed them more money than I thought I did. But on the bright side, at least they found all those deductions I was taking!"

loophole An intentional or accidental opening in a system, rule, or law that can be exploited to gain an advantage or evade a consequence.  ■ "Did you know there's a loophole in the tax code that allows you to claim a deduction for eating ice cream? Just tell the IRS you're doing it for medical reasons."