Investment of approximately $80 billion over the next 10 years for IRS enforcement activities, including IT Systems modernization, taxpayer services, and the hiring and training of new auditors. Stringent enforcement of IRS audit and filing is expected. Thus, companies should be more vigilant in compliance with rules and regulations and be audit-ready to avoid assessments, penalties, or even litigation. In addition, companies must carefully account for uncertain tax positions and follow the guidance of ASC 740.