Senate Finance Committee Republicans are asking for specifics on how the IRS plans to spend the additional $80 billion the Inflation Reduction Act earmarked for the agency. In a recent letter to IRS Commissioner Chuck Rettig, the Republican senators requested information on how the IRS will prioritize taxpayer services, guard against partisan targeting, protect taxpayer privacy, modernize technology, and track and publish timely and reliable reports to establish transparency and accountability. “The IRS should use its additional funding to prioritize clearing the backlog of returns and correspondence, and expediently pay taxpayers who are owed a refund,” the letter stated.
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