IRS releases official plan to waste $80 Billion…

1 year ago
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IRS releases official plan to waste $80 Billion…

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The IRS released a plan for the nearly $80 billion in agency funding authorized by Congress, including expected boosts for customer service, technology and enforcement. The plan also aims to close the tax gap, with an initial focus on tax returns for wealthy families, large corporations and complex partnerships, IRS Commissioner Danny Werfel said. IRS Commissioner Daniel Werfel testifies before a Senate Finance Committee hearing on Feb. 15, 2023. Kevin Lamarque Reuters The IRS on Thursday released a plan for the nearly $80 billion in agency funding enacted through the Inflation Reduction Act in August — including expected boosts for...
Source: https://www.cnbc.com/amp/2023/04/07/what-the-irs-80-billion-funding-plan-means-for-taxpayers.html

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