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IRS reveals how it's spending $80 billion in extra funding — wealthy taxpayers and large corporations can expect more scrutiny

TaxWatch Last Updated: April 6, 2023 at 7:23 p.m. ET First Published: April 6, 2023 at 3:13 p.m. ET The $80 billion spending will be closely scrutinized by Republicans Danny Werfel, the new commissioner at the Internal Revenue Service, speaks Tuesday during his swearing in ceremony. On Thursday, the IRS and Treasury Department unveiled plans

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TaxWatch

The $80 billion spending will be closely scrutinized by Republicans

Danny Werfel, the new commissioner at the Internal Revenue Service, speaks Tuesday during his swearing in ceremony. On Thursday, the IRS and Treasury Department unveiled plans on how it will spend $80 billion to upgrade the tax agency.

(Photo by Bonnie Cash/Getty Images)

The Internal Revenue Service is getting specific on how it wants use $80 billion in extra funding over a decade to bolster top-end tax enforcement, and shore up customer service for millions of taxpayers.

Everyday taxpayers can expect more ways to quickly deal with the IRS online and over the phone, while getting help from the agency spotting possible errors before filing or alerts to eligible tax breaks.

Meanwhile,…

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