Monday, February 5, 2007

2008 budget would boost IRS modernization by $85M

The Bush administration is seeking $282 million to modernize the Internal Revenue Service in his fiscal 2008 proposed budget, an $85 million increase over the fiscal 2007 request.

Modernization is one piece of a three-part strategy for closing the gap between taxes owed and taxes paid. Congressional leaders have discussed how to bring in the taxes owed. Through modernization, the Treasury Department intends to emphasize the other two parts: better taxpayer services and enforcement to eliminate the gap, according to the budget proposal, which was released today.

Read rest of the story: FCW.com News - 2008 budget would boost IRS modernization by $85M

No comments: