Janet Yellen

FILE - This March 22, 2013 file photo, shows the exterior of the Internal Revenue Service building in Washington. The Internal Revenue Service is recalling about 46,000 of its employees furloughed by the government shutdown, nearly 60 percent of its workforce, to handle tax returns and pay out refunds. The employees won't be paid. (AP Photo/Susan Walsh, File)

IRS recovers $1B in crackdown on taxes owed by millionaires

IRS is tapping into tens of billions of multi-year modernization funds in the Inflation Reduction Act to rebuild its workforce and beef up enforcement.

Agency Oversight

IRS adds another state to Direct File, as House Republicans seek to defund it

IT Modernization

IRS makes Direct File permanent option to file taxes online, invites all states to opt in

IT Modernization

IRS to launch callback option for most taxpayers seeking help next filing season

Agency Oversight

IRS to eliminate ‘oceans’ of paper by digitizing all new tax returns by 2025

IT Modernization

IRS commissioner Werfel sworn in to transform agency with ‘historic’ investment

Reorganization

Congress takes up more of the budget this week…and a few repeals

Budget

What’s next for the Biden administration’s up, up, up budget proposal

Congress

Yellen tells Congress US expected to hit debt limit Thursday

TSP

FILE - In this photo March 22, 2013 file photo, the exterior of the Internal Revenue Service (IRS) building in Washington. Lawmakers are increasingly looking at boosting the IRS to help pay for infrastructure improvements. (AP Photo/Susan Walsh, File)

House GOP leaders vow to undo $80B to rebuild IRS if party regains majority

Budget

IRS hiring, IT upgrades set high bar for taxpayer assistance next filing season

Hiring/Retention

FILE - A sign is displayed outside the Internal Revenue Service building on May 4, 2021, in Washington. Conservative politicians and candidates are distorting how a major economic bill passed over the weekend by the Senate would reform the IRS and affect taxes for the middle class. The Inflation Reduction Act, which awaits a House vote after passing in the Senate on Sunday, would increase the ranks of the IRS — but it wouldn’t create a mob of armed auditors looking to harass middle class taxpayers, as some Republicans are claiming. (AP Photo/Patrick Semansky, File)

How its managers say the IRS will deal with the latest spending bill

The latest tax and spending bill provides nearly $80 billion for the IRS. But that’s over 10 years, more than half the money is designated for enforcement….

Workforce

File - Treasury Secretary Janet Yellen testifies before the Senate Banking, Housing, and Urban Affairs Committee hearing, May 10, 2022, on Capitol Hill in Washington. The U.S. will close the last avenue for Russia to pay back its billions in debt to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable. The Treasury Department said in a notification Tuesday that it does not plan to renew the license to allow Russia to keep paying its debtholders through American banks. (Tom Williams/Pool via AP, File)

Yellen memo calls for IRS modernization to help ID tax evasion schemes perpetrated by top earners

Also in today’s Federal Newscast, GAO recommends the military services clear up their tattoo policies.

Federal Newscast

Yellen tells IRS to develop modernization plan in 6 months

IT Modernization

Treasury Secretary Janet Yellen has directed the IRS to develop a plan within six months outlining how the tax agency will modernize its technology, customer service and hiring