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What is Pink Tax?
Taxes

What is Pink Tax?

Gender disparity researchers often refer to the so-called ‘pink tax,’ the price difference in which items and services promoted to women cost more than the same or very identical ones sold to males. About five years ago, when it looked at 794 items offered in New York City for customers of each age, New York …

What is the Internal Revenue Service (IRS)?
Taxes

What is the Internal Revenue Service (IRS)?

The Internal Revenue Service (IRS) is an agency of the United States which collects taxes and enforces tax laws (such as the wash sale rule). Established in 1862 by President Abraham Lincoln, the agency is governed by the United States Treasury and primarily covers the collection of income taxes and employment. The IRS also deals …