Day: August 14, 2022

The IRS just got $80 billion to beef up. A big goal? Going after rich tax dodgers

August 14, 20225:00 AM ET The Internal Revenue Service building is seen in Washington, D.C., on April 5. The IRS got $80 billion in new funding as part of the climate and health care bill passed by Congress on Friday. Most of that money will be used to target wealthier tax evaders. Stefani Reynolds/AFP via Getty Images The IRS is about to get a big infusion of cash. As part of the massive climate and health care bill passed by the House on Friday, the tax collection agency is set to receive $80 billion over the next decade. Some of that money will go to update decades-old computer systems at the Internal Revenue Service (IRS). And some is for improving customer service, including a taxpayer phone line where nine out…