Here’s how the IRS will spend its $80 billion funding boost
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 Treasury Department released an operating plan Thursday for its new budget, which will be spent over the course of the next decade and involve hiring tens of thousands of new employees, upgrading technology, and expanding its data and analytics capabilities.
Restoring a depleted IRS staff
Most of those new hires will be taxpayer service workers to help answer the phone and...