The Inflation Reduction Act has $79.6 billion in increased funding over several years for the IRS, largely to help the agency find tax evaders.       

Topics:  inflation reduction act   irs   
BING NEWS:
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    With IRA funds set to run out in FY2026, the tax agency says it will have to pare back its digitization efforts absent additional appropriations.
    05/3/2024 - 8:21 am | View Link
  • IRS plans to more than double its audit rate of wealthy taxpayers
    Funding for the latest enforcement efforts was included in the Democrats' health care and climate change spending bill that President Biden signed into law in 2022.
    05/3/2024 - 8:21 am | View Link
  • IRS announces more audits for certain groups of taxpayers
    The Inflation Reduction Act, which provided $80 billion for the IRS to strengthen its staffing, was universally opposed by congressional Republicans.
    05/3/2024 - 6:57 am | View Link
  • IRS says it plans to hike the audit rates on certain taxpayers
    The Internal Revenue Service on Thursday said that over the next three years it intends to increase audit rates for big corporations, partnerships and multimillionaires.>> Read more trending newsThe ...
    05/3/2024 - 4:44 am | View Link
  • IRS Unveils Plan to Crack Down on Wealthy Taxpayers
    The IRS wants to increase its audit rate for taxpayers earning more than $10 million by about 50%, according to an updated operating plan released Thursday. Relying on additional funding provided by ...
    05/2/2024 - 11:23 am | View Link
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