Two new reports: 1) IRS's spending of supplemental funds and 2) processing of taxpayer threats Inbox Treasury Inspector General for Tax Administration Unsubscribe Fri, Sep 4, 7:26 AM (1 day ago) to me TIGTA Snapshot: The IRS’s Inflation Reduction Act Spending Through March 31, 2026 Why did we do this audit? The IRS initially received $79 billion in supplemental funding under the Inflation Reduction Act of 2022 (IRA). By March 2026, Congress had reduced this funding by $53.4 billion, leaving $26 billion available through September 30, 2031. What did we find? As of March 31, 2026, the IRS had spent approximately $16.5 billion (64 percent) of its current IRA funding. The largest expenditure was $7.7 billion for employee compensation and $5.4 billion for contractor advisory and assistance services. Cumulative IRA Expenditures by Funding Activity Through March 31, 2026 IRA spending through March 31, 2026 As of March 31, 2026, the IRS had cancelled 167 IRA-related contracts. For these contracts, the IRS had already paid out $784 million before the contracts were cancelled and is holding an additional $8 million in unliquidated obligations for costs that have been incurred but not paid. Cancelling these contracts reduced the IRS's obligations by $127 million.

Two new reports: 1) IRS's spending of supplemental funds and 2) processing of taxpayer threats Inbox Treasury Inspector General for Tax Administration Unsubscribe Fri, Sep 4, 7:26 AM (1 day ago) to me TIGTA Snapshot: The IRS’s Inflation Reduction Act Spending Through March 31, 2026 Why did we do this audit? The IRS initially received $79 billion in supplemental funding under the Inflation Reduction Act of 2022 (IRA). By March 2026, Congress had reduced this funding by $53.4 billion, leaving $26 billion available through September 30, 2031. What did we find? As of March 31, 2026, the IRS had spent approximately $16.5 billion (64 percent) of its current IRA funding. The largest expenditure was $7.7 billion for employee compensation and $5.4 billion for contractor advisory and assistance services. Cumulative IRA Expenditures by Funding Activity Through March 31, 2026 IRA spending through March 31, 2026 As of March 31, 2026, the IRS had cancelled 167 IRA-related contracts. For these contracts, the IRS had already paid out $784 million before the contracts were cancelled and is holding an additional $8 million in unliquidated obligations for costs that have been incurred but not paid. Cancelling these contracts reduced the IRS's obligations by $127 million.