The Inflation Reduction Act was recently signed into law and allocated $79 billion dollars for the IRS. The IRS is said to hire 87,000 full-time employees, which has caused some concern from some regarding the likelihood of IRS audits increasing. Tune in to learn why the IRS needs this kind of funding, and the things the new budget will be allocated towards.

Notes:

In this episode, Luis speaks about the following and more:

IRS budget and employees for the past 10 years
IRS delays in processing tax returns
IRS delays in answering calls
Who is more likely to get audited in the future

Sources:

https://money.com/irs-funding-higher-taxes-more-audits/

https://www.irs.gov/newsroom/irs-statement-by-irs-commissioner-chuck-rettig-on-the-inflation-reduction-act

Resources:

WHEN NOBODY BELIEVES IN YOU - Powerful 1 Hour Motivational Speech by Andrew Tate | Motivation 2026