Skip to content
Do you have hidden income?  The IRS may get more money to find you

If Congress passes the Cut Inflation Act, Americans should expect more audits from the IRS, especially for filers earning more than $400,000 a year.

The surprise agreement between Sens. chuck schumer (D., NY) and Joe Manchin (D., W.Va.) includes provisions adding $79 billion in funding to the Internal Revenue Service over the next decade. More than half of that would strengthen law enforcement, while $30 billion would go to improving operations and technology, and $3 billion would go to serving taxpayers.


Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.