ACN Business

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

Written by Erica Neuman, Assistant Professor of Accounting, University of Dayton

The IRS has relied on technology for decades, as this 1965 photo taken in its Philadelphia office shows.US News & World Report Collection/Marion S Trikosko/PhotoQuest via Getty Images

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...

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