In the next two years, the #IRS aims to implement new technology, hire close to 30,000 additional personnel, and invest $80 billion in boosting customer service and tax enforcement.

Over the next two years, the Internal Revenue Service (IRS) in the United States plans to implement new technologies and hire up to 30,000 new personnel. The $80 billion investment plan, according to a report from Reuters, aims to enhance tax enforcement and customer service.

According to the IRS, it will use the additional budget to devote roughly $8.64 billion between 2023 and 2024, adding 8,782 new employees to the enforcement team. This will make it easier for the IRS to enforce tax rules and guarantee that taxpayers fulfill their commitments.

According to Wally Adeyemo, the US Deputy Treasury Secretary, the IRS will employ more data scientists than ever before for enforcement purposes. By using modern data analytics technology, revenue agents and conventional tax attorneys will be able to identify audit targets.

The study also discloses that over the following two years, the IRS will continue to hire 13,883 full-time equivalent personnel in the area of customer support. The goal of this is to enhance customer service and guarantee that taxpayers get the support they require to fulfill their duties.

Additionally, the $80 billion in financing will aid in upgrading computer systems and rebuilding auditing capacity. This is essential to ensure that the IRS can keep up with the rapidly changing technological landscape and that its infrastructure is current and secure.

This news is republished from https://coinaquarium.io/