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    • Member Info
      • Native Language:
      • Chinese
      • Home Country:
      • China
      • Current Location:
      • China

    • Join Date: Sep 2004
    • Posts: 773
    #1

    What do IRS and heirs mean?

    Hello Everyone,

    The following sentence is selected from an interview to editor of Forbes magazines. There are two words in which I don't understand. Can you explain?

    "Well, you run into certain problems with the IRS AND inheritance taxes if you put a number on yourself .You want to negotiate that figure ,or your heirs do."

    What do IRS and heirs mean here?

    Thanks and best regards.


    • Member Info
      • Native Language:
      • Chinese
      • Home Country:
      • China
      • Current Location:
      • China

    • Join Date: Sep 2004
    • Posts: 773
    #3

    Re: What do IRS and heirs mean?

    Thanks a million

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