“The Internal Revenue Service is getting a funding boost thanks to the Inflation Reduction Act, which President Joe Biden signed into law in 2022.
That legislative package originally included about $80 billion to expand the tax collection agency’s budget over the next 10 years. Congress and the White House have since agreed to pare this total by about $20 billion, but $60 billion is still a big chunk of change for an agency that until recently had about $14 billion in annual funding…”
Read the article here.
https://www.govexec.com/technology/2023/09/irs-using-60b-funding-boost-ramp-use-technology-collect-taxes-not-just-hiring-more-enforcement-agents/390071/
Source: IRS is using $60B funding boost to ramp up use of technology to collect taxes − not just hiring more enforcement agents. By Erica Neuman, September 7, 2023. GovExec.
