Two Obstacles Standing in the Way of Increased IRS Compliance Enforcement
When the Inflation Reduction Act of 2022 (IRA 2022) was passed in August 2022, the majority of the additional $80 billion in IRS funding was earmarked for increased IRS enforcement to close the ever-growing annual tax gap. IRA 2022 funding has been reduced to $57.8 billion, but $24 billion is still set for increased IRS … Read more