The IRS’ $80 billion strategic operating plan has been unveiled. The 150-page report, released Thursday afternoon, outlines steps the agency wants to take over the next 10 years to better serve taxpayers. The IRS report, containing 42 key initiatives and 190 projects, also describes the agency’s plans to reduce noncompliance among taxpayers. Treasury Secretary Yellen and the Biden administration have said that IRS enforcement efforts will focus on large corporations and wealthier taxpayers (i.e., not on people making less than $400,000 a year), in an effort to ultimately reduce the tax gap.
“The plan is a bold look at what the future can look like for taxpayers and the IRS,” IRS Commissioner Danny Werfel said in a statement accompanying the report. “Now that we have long-term funding, the IRS has an opportunity to transform its operations and provide the service people deserve,” Werfel added.
