Bloomberg Tax
Jan. 3, 2023, 9:45 AM

How Does the IRS Plan to Spend the $80 Billion?

Naomi Jagoda
Naomi Jagoda
Senior Reporter

With the IRS getting its biggest funding infusion in years, all eyes in the first months of the year will be on the agency’s plan for spending the $80 billion in new, multiyear funding.

Treasury Secretary Janet Yellen last August directed the IRS to craft an operational plan that “should include details on how resources will be spent over the ten-year horizon on technology, service improvement, and personnel.” The plan is due on Feb. 17.

Yellen’s memo calling for the plan said it should include “metrics for areas of focus and targets over the course of the coming years that ...

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