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IRS Plan for Self-Preservation Comes at Taxpayers’ Expense
Link: https://www.dailysignal.com/2023/04/17/irs-plan-self-preservation-comes-taxpayers-expense/
The IRS released its strategic operating plan on April 6, describing its intentions for spending the nearly $80 billion of supplemental funding it’s receiving under the so-called Inflation Reduction Act. | The report was 48 days late beyond the Feb. 17 deadline the IRS was given and only included funding and staffing details for two of the required nine years. ● (For those of you who haven’t yet filed your taxes—which are due on Tuesday—I don’t recommend following the IRS’ lead and submitting an incomplete return 48 days late.) ● The IRS report focuses heavily on the agency’s strategy for the fiscal years 2023 and 2024, which run for another 18 months. The report is very light on the details for fiscal years 2025 through 2031. Perhaps uncoincidentally, by the end of fiscal 2024, the IRS plans to burn through most of its $3.2 billion budget for taxpayer services—things like answering the phone and streamlining the filing process.
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