IRS Details Priorities to Spend $80 Billion in Long-Awaited Blueprint (1)

The IRS on Thursday released a long-awaited blueprint on how it will spend the nearly $80 billion it got in last year’s tax and climate law, with Commissioner Danny Werfel strengthening the agency’s vow to not increase audit rates for households making under $400,000.

The 146-page plan includes estimates of how the funds will be allocated, as well as timetables for initiatives to improve taxpayer services, technology, enforcement, and hiring.

Treasury Secretary Janet Yellen had directed the IRS to not increase audit rates for households and small businesses making $400,000 or less, relative to historical levels. In a call with ...