Less annual funding for the IRS will drain resources for taxpayers even with the new supplemental funding from the tax-and-climate law, IRS Commissioner Danny Werfel said at the IRS Nationwide Tax Forum on Tuesday in National Harbor, Md.
House Republicans and the White House agreed in May to slash about a quarter of the original $80 billion infusion to modernize the IRS. The IRS received the $80 billion as part of the tax-and-climate law, with the goal to beef up the agency’s enforcement efforts and overhaul technology.
While Werfel is optimistic about the agency’s transformation after funding ...
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