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Under the IRA, the increased funding will be allocated as follows:
- $45.6b for enforcement, which includes examinations, collections, criminal investigations, legal and litigation support, and digital asset monitoring.
- $25.3b for operations support, including legacy information technology systems and telecommunications.
- $4.8b for business systems modernization, including technology to improve customer service.
- $3.2b for taxpayer services, including pre-filing assistance and education, filing and account services, and funding for the Taxpayer Advocate Service.
The additional funding will likely result in more audits of high-wealth and high-income individuals, as well as complex partnerships and large corporations, but an increase in those audits may not be immediate.