Just in: IRS Inflation Reduction Act spending

Snapshot: IRS Inflation Reduction Act Spending Through March 31, 2025 Why did we do this audit? The IRS originally received $79.4 billion in supplemental funding when the Inflation Reduction Act (IRA) was enacted in 2022. By March 2025, Congress reduced that amount to $37.6 billion. The decreased funding remains available through Sept. 30, 2031. We summarized how the IRS used the funds through March 31, 2025, including spending on initiatives such as improving taxpayer services, modernizing technology, and enhancing compliance and enforcement efforts.   What did we find? As of March 31, 2025, the IRS has spent approximately $13.8 billion (37%) of its IRA funding. The largest expenses were employee compensation ($6.1 billion) and contractor advisory and assistance services ($4.9 billion). Most of the contractor support costs were spent in Business Systems Modernization. Cumulative IRA Expenditures Through March 31, 2025 For more information: Read the full report Having trouble viewing this email? View it as a Web page.

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