The IRS plans to add nearly 30,000 new workers and end its outdated paper processes as it spends $80 billion in the coming decade. After years of underfunding, the goal is to offer a less frustrating taxpayer experience, and catch high-income tax cheats.
The Internal Revenue Service plans to hire nearly 30,000 new employees by the end of the next fiscal year and get rid its outdated paper processes as it spends $80 billion over the coming decade, the agency said in a new report on Thursday.provides new insight on exactly how the IRS plans to spend the money that was signed into law last year and details 190 key projects it will undertake in the years ahead.
Other efforts coming in the years ahead include making it possible to file all documents online, adding new enforcement aimed at America's top corporations, new web tools, and more. “This was an acute issue during the pandemic and we're committed to changing the technology to ensure it doesn't happen again,” Deputy Treasury Secretary Wally Adeyemo said Thursday.The report also says the IRS will develop technology in the years ahead to help taxpayers identify potential mistakes before they file to speed refunds and maximize the deductions people are eligible for.
The IRS is aiming to hire almost 19,000 new employees devoted to things like taxpayer services, operations support, and business modernization in coming years. That's in addition to almost 9,000 devoted to increased enforcement set to be on the job by November 2024 The IRS will devote almost $1.8 billion to enforcement in coming years with those efforts growing over time and costing over $45 billion over the full decade. Those plans come amid deep GOP suspicion of the Biden administration and how it will implement the new enforcement money.during Werfel’s confirmation hearing in FebruaryA poster claiming the IRS is coming after you is seen outside of the office of Rep. Mike Kelly on Capitol Hill.
He added that this effort on the richest Americans will likely consume his agency for years to come as they untangle complex audits that often take agents up to 50 times longer to complete than the simpler returns among those with lower incomes.
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