IRS highlights recent achievements

The IRS highlights recent achievements in its “Internal Revenue Service Progress Update for Fiscal Year 2022.” The agency’s 2022 accomplishments include processing 260 million federal tax returns and forms, collecting $4.9 trillion in tax and $72.4 billion in enforcement revenue, and delivering individual refunds averaging $3,176. The publication also discusses the agency’s five-year strategic plan, as well as specific goals. Acting Commissioner Doug O’Donnell writes that he expects the $80 billion allocated to the IRS by the Inflation Reduction Act to “transform the agency and enhance the taxpayer experience.” Read the report: https://bit.ly/3Ip3VTw 

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