FOX BIZ NEWS: Audits and better tech: $79B for IRS in budget reconciliation bill would ramp up tax code enforcement

Audits and better tech: $79B for IRS in budget reconciliation bill would ramp up tax code enforcement



The Democrat-backed $3.5 trillion budget reconciliation bill would provide nearly $79 billion in new funding for the Internal Revenue Service – a massive investment that President Biden and others argue will help to close the “tax gap” and raise funds for the White House’s sweeping spending plan.