As the IRS gears up for the upcoming filing season and implements provisions of the new Tax Act, recent efforts to modernize decades-old technology may face challenges, said former IRS Commissioner Danny Werfel – but AI could help.
Werfel, who led the IRS from March 2023 until President Trump took office, noted the original $80 billion allocation under the 2022 Inflation Reduction Act. That full amount was not available for modernization – with “a big portion” allocated for enforcement and another “small portion” for taxpayer services, he explained. But even so, the IRS technology budget was “strong and robust” after the Inflation Reduction Act, said Werfel, speaking at an August 21 American Institute of CPAs town hall.
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