The IRS has submitted its 2021 budget request to Congress. In its budget justification report, the IRS is requesting $12 billion in funding, which is a 5% increase over 2020 funding levels. The request includes a $400 million program integrity investment in 2021 “that over 10 years will generate $79 billion in additional revenue and reduce the $381 billion net tax gap,” the IRS said in the report. Among other requests: $106 million to implement the Taxpayer First Act of 2019 and $300 million for “modernization to transform the taxpayer experience with new digital communications, online payment tools and stronger data encryption.” Read the report here: https://bit.ly/2RC5nqf
