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IRS


Definition
Internal Revenue Service. The federal agency responsible for administering and enforcing the Treasury Department's revenue laws, through the assessment and collection of taxes, determination of pension plan qualification, and related activities.

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Profit Opportunities in Bankrupt CompaniesBankruptcies and restructurings sometimes offer substantial investment opportunities. It's usually a mistake to buy common stock of a company that's filed for bankruptcy, since common stock holders ar ... Read more


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