What the IRS' $80 billion funding plan means for taxpayers
Apr 7, 2023 · Here's what it means for taxpayers. The IRS released a plan for the nearly $80 billion in agency funding authorized by Congress, including expected boosts for customer …
Empowering the IRS: Understanding the Full Potential of the …
Feb 8, 2024 · Even after accounting for IRS’s enforcement efforts, the net tax gap was $625 billion in 2021. The Inflation Reduction Act provided $80 billion in additional funding to the IRS, much of which is...
The IRS is set to get billions for audit enforcement. Here’s ... - CNN
Aug 11, 2022 · How much funding will the IRS receive? The Inflation Reduction Act would provide nearly $80 billion to the IRS over 10 years, in addition to the money the agency normally receives from Congress...
Here’s how the IRS will spend its $80 billion funding boost - The Hill
Apr 6, 2023 · A large-scale refurbishment of the Internal Revenue Service (IRS) is underway following an allotment of $80 billion to the agency in Democrats’ Inflation Reduction Act passed last year.
The IRS Is Getting $80 Billion. For What? : 1A : NPR
Sep 7, 2022 · When President Joe Biden signed the Inflation Reduction Act into law, he allocated $80 billion for the Internal Revenue Service. The IRS says the money will help close the yearly deficit of...
I.R.S. Unveils $80 Billion Plan to Overhaul Tax Collection
Apr 6, 2023 · WASHINGTON — The Internal Revenue Service on Thursday unveiled an $80 billion plan to transform itself into a “digital first” tax collector focused on customer service and cracking down on...
The IRS got $80 billion to beef up and target rich tax evaders - NPR
Aug 14, 2022 · As part of the massive climate and health care bill passed by the House on Friday, the tax collection agency is set to receive $80 billion over the next decade. Some of that money will go to...
Reconciliation bill includes nearly $80 billion for IRS funding
Aug 8, 2022 · Senate Democrats on Sunday passed their climate, health and tax package, including nearly $80 billion in funding for the IRS. The Inflation Reduction Act allocates $79.6 billion to the agency...
IRS unveils $80 billion spending plan - Journal of Accountancy
Apr 7, 2023 · The IRS released its long-awaited strategic plan for spending the $80 billion it was allocated by last year’s Inflation Reduction Act. Over the first three years, the plan focuses on operations support, enforcement, business systems modernization, and taxpayer services.
The IRS Thinks Big About How To Spend $80 Billion
The Internal Revenue Service has taken a major step forward with its release of a plan detailing how the agency will invest the ten-year $80 billion boost to its budget provided under the Inflation Reduction Act.