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WASHINGTON (AP) — If confirmed as IRS commissioner, Daniel Werfel says he will commit to not increasing tax audits on businesses and households making less than $400,000 per year.
President Joe Biden nominated Werfel to steer the Internal Revenue Service as it receives a massive funding boost — nearly $80 billion over the next 10 years through the Inflation Reduction Act, which Congress passed in August. Noting the act’s impact on the federal tax collector, Werfel says that “Americans rightfully expect a more modern and high-performing IRS.”
https://apnews.com/article/irs-nominee-tax-audit-promise-41b0d4242fcb69a180f313a689e34953
President Joe Biden nominated Werfel to steer the Internal Revenue Service as it receives a massive funding boost — nearly $80 billion over the next 10 years through the Inflation Reduction Act, which Congress passed in August. Noting the act’s impact on the federal tax collector, Werfel says that “Americans rightfully expect a more modern and high-performing IRS.”
https://apnews.com/article/irs-nominee-tax-audit-promise-41b0d4242fcb69a180f313a689e34953