Asian Spectator

Men's Weekly

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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

  • Written by Erica Neuman, Assistant Professor of Accounting, University of Dayton
IRS is using $60B funding boost to ramp up use of technology to collect taxes − not just hiring more enforcement agentsThe 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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