IRS nominee: No audit boost for households under $400,000
Summary by Wral News
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.
0 Articles
0 Articles
All
Left
Center
Right
Associated Press News
IRS nominee Werfel faces questioning on 'thankless' job
WASHINGTON (AP) — Republican and Democratic senators who have been arguing over how much money to give the IRS and how it should be spent found at least one point of unanimity Wednesday as they considered President Joe Biden’s nominee to lead the agency: Both sides wished Danny Werfel good luck with the worst job in Washington.
IRS nominee: No audit boost for households under $400,000
President Joe Biden's nominee to lead the Internal Revenue Service says that, if confirmed, he will commit to not increasing tax audits on businesses and households making less than $400,000 per year
Biden nominee to head IRS vows no increased audits for households under $400,000
Daniel Werfel pledged Wednesday that if he is confirmed by the Senate to become the next commissioner of the IRS, the tax agency will not use its $80 billion funding boost from Congress to go after households making less than $400,000 per year.
IRS nominee: No audit boost for households under $400,000
By FATIMA HUSSEIN
Associated Press WASHINGTON (AP) — President Joe Biden’s nominee to lead the Internal Revenue Service says that, if confirmed, he will commit to not increasing tax audits on businesses and households making less than $400,000 per year. Biden’s nominee, Daniel Werfel, makes that pledge in prepared remarks for his confirmation hearing Wednesday before the Senate Finance Committee. The IRS is receiving a massive funding boost, nea…
IRS nominee: No audit boost for households under $400,000
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. Anticipating questions ahead of his confirmation hearing Wednesday before the Senate Finance Committee, Werfel in prepared testimony makes several other commitments aimed at revamping the beleaguered agency. President Joe Biden nominated Werfel to steer the Internal R…