Kyphosis defined: This drawing depicts the spinal condition of kyphosis. Kyphosis is an abnormal increase in normal kyphotic (posterior) curvature of the thoracic spine which can result in a noticeable round back deformity.
The IRS is responsible for collecting taxes and the administration of the Internal Revenue Code. It has also overseen various benefit programs. The first income tax was assessed in 1862 to raise funds for the American Civil War, with a rate of 3%. Today the IRS collects over $2.4 trillion each tax year. It processes around 234 million tax returns annually.
Last year alone the IRS had 99,123 refund checks totaling $153 million-an average of over $1500 per taxpayer-returned by the post office as undeliverable, due to unreported changes of name and/or address. It's important to realize undeliverable refunds are but one small component of unclaimed assets held by the IRS.