1 December 2023
IRS Commissioner Danny Werfel announced plans to increase hiring of tax enforcement agents in 2024, with a focus on complex cases involving big corporations and high-income earners. This is part of a broader initiative to enhance IRS capabilities using $60 billion in additional funding. Despite assurances that audits will not increase for Americans earning less than $400,000, there are concerns about the lack of a clear definition of “high income” at the IRS, which could potentially lead to more widespread audits. Additionally, the IRS is hiring more armed agents for its criminal investigations division, though Werfel emphasized these hires are not intended to increase the number of tax audits.