Fiscal Facts IRS goals for IRA funding
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Nothing is sure in life but death, taxes, and fighting over the IRS budget. The 2022 Inflation Reduction Act (IRA) boosted the IRS’s funding by nearly $80 billion over a decade, but Congress quickly, over a series of actions, cut back those funds by about 25 percent. Despite the rollback, the IRS still has big goals, with plans to use about 44 percent for operations support, 41 percent for enforcement, 8 percent for modernization, and 6 percent funds taxpayer services, and less than .05 percent for a study of a direct-file system. 

Inflation Reduction Act Funds Allocation

To learn how the IRS could monitor its performance, check out Holtzblatt's "Measuring Success: New Performance Metrics for New IRS."

Tags Internal Revenue Service Inflation Reduction Act