Lyric provided by www.seekalyric.com

You better watch out
You better not lie
You better not cheat
I'm telling you why
IRS is coming to town

He's making a list,
He knows the facts;
He knows if you paid and
haven't paid a tax.
IRS is coming to town

You better move away
You better change your name
You better not be home today
Or they'll audit all your pay
IRS is coming to town

The boys in government playland
They're gonna have a jubilee
They're gonna check out everyone
And if they catch you they be glad indeed
IRS is coming to town

You better watch out
You better not lie
You better not cheat
I'm telling you why
IRS is coming to town