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IRS is creating a blueprint on how to spend $80 billion. Here are some early details on how these extra funds will change tax season.

139
Andrew Keshner
·3 min read
IRS is creating a blueprint on how to spend $80 billion. Here are some early details on how these extra funds will change tax season.

More staff to answer phones, more tax forms and more chances to upload tax forms online — but no clarity yet on a key point for an effort to audit more rich households. The report, released this month, looks at how the Internal Revenue Service will implement extra funding and new tax rules from a sprawling tax and climate package that Congress passed over the summer. The Inflation Reduction Act passed in August, created and expanded clean-energy tax credits, while launching new rules on corporate taxes.

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