Treasury and IRS unveil 10-year plan to provide world-class service and reduce deficit by hundreds of billions

The U.S. Treasury Department and IRS have released a comprehensive Strategic Operating Plan to transform the IRS and provide world-class customer service, while reducing the deficit by hundreds of billions. The plan includes five objectives, including improving taxpayer services, quick resolution of taxpayer issues, expanded enforcement on high earners, modernizing technology, and developing a skilled and diverse workforce. The IRS will also help taxpayers identify potential mistakes before filing and fix errors that delay refunds. The plan also focuses on improving data analytics and hiring top talent to enforce compliance among high-income and high-wealth individuals, complex partnerships, and large corporations.