The IRS To Hire 87,000 Auditors For Additional Audit

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President Biden signed The Inflation Reduction Act which is now law from Tuesday.

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Under this law, the US government provided $80 billion in funding for the IRS including $15 million to deliver a report for free.

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While most of the $80 billion for the IRS in the new legislative package goes out over the next decade

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The agency has only about a year to turn in its e-filing report.

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Republicans, including Chuck Grassley, who previously chaired the Finance Committee, said that the funding will give the IRS the ability to hire an additional 87,000 auditors.

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They will target middle-class taxpayers.

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But The IRS and Democrats reassured Americans that the additional audit activity will affect only those making $400,000 or more

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