Bloomberg Tax
March 9, 2023, 5:00 PMUpdated: March 9, 2023, 7:42 PM

Biden Seeks $14.1B for IRS in Budget Pitch (1)

Naomi Jagoda
Naomi Jagoda
Senior Reporter

President Joe Biden’s budget proposal, released Thursday, calls for $14.1 billion for the IRS for fiscal 2024, a 15% increase from the enacted level for this year.

The budget includes a $642 million increase for taxpayer service improvements and expanding outreach, and also includes $290 million for business systems modernization — a category that didn’t receive funds in the fiscal 2023 omnibus spending bill enacted in December.

  • The appropriations proposed in the budget would supplement the $80 billion in funding, which can be spent through fiscal 2031, that was ...

Learn more about Bloomberg Tax or Log In to keep reading:

Learn About Bloomberg Tax

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools.