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IRS is using $60B funding boost to ramp up use of technology to collect taxes − not just hiring more enforcement agents

By Erica Neuman, Assistant Professor of Accounting, University of Dayton

The Internal Revenue Service is getting a funding boost thanks to the Inflation Reduction Act, which President Joe Biden signed into law in 2022.

That legislative package originally included about US$80 billion to expand the tax collection agency’s budget over the next 10 years. Congress and the White House have since agreed to pare this total by about $20 billion,…

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