Wed, Jul 19th, 2023 - 2:21pm
August 17, 2022 - 7:31pm | By Ty Schonert
(Washington, DC) -- Treasury Secretary Janet Yellen is sharing new plans for the IRS to prepare for "an overhaul".
Congress has authorized an 80-billion-dollar cash infusion through the Inflation Reduction Act. Yellen wrote IRS Commissioner Charles Rettig this week a list priorities, including improving systems around taxpayer services, upgrading their technology, and hiring thousands of tax enforcement agents.
Yellen says she wants to create a new plan on how the money will be spent within six months.
