The Appropriations Committee in the House of Representatives on June 24, 2022 approved the fiscal 2023 Financial Services and General Government bill, which provides funding for the Treasury Department and the IRS.
The Bill Includes $13.6 Billion For The IRS,
An Increase Of $1 Billion Above Fiscal Year 2022 "
And Continues Restoring The IRS From Draconian Cuts
This Agency Has Suffered For Over Almost A Decade,"
said Mike Quigley, an Illinois Democrat who chairs the Appropriations subcommittee on financial services and general government.
"This investment will support more effective and efficient enforcement activities that address taxpayers in all tax brackets," Quigley's statement read. "This funding will also support better customer service by reducing wait times and increasing assistance to people trying to pay their taxes."
The bill includes:
$3.4 billion, an increase of $630 million above the FY 2022 enacted level, for taxpayer services. This includes support for the Volunteer Income Tax Assistance matching grants program, clinics for low-income taxpayers, the national taxpayer advocate, tax counseling for the elderly, and increased personnel to improve IRS customer service.
$6.1 billion, an increase of $682 million above the FY 2022
enacted level, for enforcement. This money will support increased enforcement efforts and additional essential personnel.
$3.8 billion to fund IRS overhead functions for operations support.
$310 million, an increase of $35 million above the FY 2022 enacted level, for business systems modernization to upgrade IRS legacy computers and improve web applications and tax document processing.
Read more at: Tax Times blog