IRS Has Obligated $847 Million of its New Funds as of February

March 3, 2023, 4:55 PM UTC

The Internal Revenue Service has committed to spending $847.6 million of the roughly $80 billion it received in last year’s tax-and-climate law as of February, the Treasury Department said Friday.

Of that amount, $426 million has been obligated for taxpayer services, $6.6 million for enforcement, $315.4 million for operations support and $99.6 million for business systems modernization, Treasury said.

  • The agency has used funds from the tax-and-climate law to improve taxpayer services during the ongoing filing season, including by hiring 5,000 customer-service representatives to answer the agency’s phones and perform other functions, Treasury has said.
  • The IRS is working on ...

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