The IRS is on the cusp of realizing a long-held dream: a significant increase in funds that it can use over nearly a decade.
The agency, however, will face challenges as it spends the money.
The IRS will have to recruit and train thousands of employees who have the necessary skills to audit high-income taxpayers and corporations, as well as those who are able to upgrade the agency’s technology. The agency also will need to be careful to be responsible and transparent with the funds, or it risks further damage to its already-challenged public perception.
“It’s a wonderful problem ...
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