The leader of the Internal Revenue Service appeared in front of a House committee on Tuesday to defend his agency's budget.
FILE - IRS Commissioner Daniel Werfel prepares to testify before a hearing, April 27, 2023, in Washington.
The IRS received an infusion of $80 billion in the Democrats’ Inflation Reduction Act, which the agency and outside experts agreed was sorely needed after years of underfunding that led the IRS to work on outdated technology and with limited staff that drove up wait times and a backlog of millions of returns.
It has already lost more than $20 billion of that funding in deals between President Joe Biden and congressional Republicans in debt and budget negotiations. The IRS has been a frequent target of House Republicans, who have made claims of an “army of IRS agents” that are out to get middle-class taxpayers through higher levels of audits.
Also at issue with the IRS budget is closing the “tax gap” of taxes that are owed through existing laws but are not paid. Estimates on how much it is worth on an annual basis vary, but even conservative figures total hundreds of billions of dollars. The IRS has begun work to close that gap through enhanced audits of wealthy taxpayers and large corporations as part of its directive to use IRA funding to increase auditing on high earners and not on low- or middle-class Americans.
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