The Inflation Reduction Act allocates $80 billion in funding for the chronically underfunded federal tax agency.
This involves spending nearly $80 billion on IRS priorities over the course of the decade including hiring new specialized enforcement staff, modernizing antiquated information technology, and investing in meaningful taxpayer service—including the implementation of the newly expanded credits aimed at providing support to American families.
In response to the claims about the IRS gearing up to target lower-income people for audits, Sarin told: “It is wholly inaccurate to describe any of these resources as being about increasing audit scrutiny of the middle class or small businesses […] There’s a big wave of attrition that’s coming and a lot of these resources are just about filling those positions.”“Analysis | Hyperbolic GOP Claims about IRS Agents and Audits.” Washington Post. www.washingtonpost.com, https://www.washingtonpost.
“IRS Budget and Workforce.” Internal Revenue Service. https://www.irs.gov/statistics/irs-budget-and-workforce. Accessed 11 Aug. 2022. “Secretary of the Treasury Janet L. Yellen Sends Letter to IRS Commissioner in Support of Funding for IRS to Improve Taxpayer Service & Combat Evasion By High Income Earners and Corporations.” U.S. Department of the Treasury. https://home.treasury.gov/news/press-releases/jy0918. Accessed 11 Aug. 2022.
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