15min chapter

1A cover image

(dot) Gov: The Treasury, The IRS, And America's Money

1A

CHAPTER

Understanding the IRS: Challenges and Misconceptions

This chapter dives into the critical role of the IRS in the U.S. government, countering misconceptions about its necessity and function. It discusses the challenges of underfunding, outdated technology, and staffing issues faced by the agency, while highlighting recent funding changes and the importance of effective tax administration. The conversation emphasizes the collaboration between the IRS and the Treasury in shaping tax policies and the need for modernization to better serve the public.

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