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Former Missouri congressman Billy Long has been chosen by Trump to lead the IRS. Long, who served six terms in Congress, has been assisting businesses in obtaining a tax credit during the pandemic. Unfortunately, this tax credit has been misused and has resulted in a higher cost to the government than initially expected.
Written by Andrew Duehren
Writing from the nation
President-elect Donald J. Trump announced his intention to nominate Billy Long, a former congressman from Missouri, to be in charge of the Internal Revenue Service. This implies that he plans to remove the current leader, who was appointed by Biden.
Following his defeat in a Senate primary in 2022, Mr. Long has promoted a tax credit created during the pandemic that has been plagued by fraudulent claims, leading to a much higher cost to the government than originally anticipated. Lawmakers have attempted to eliminate the tax credit, and the I.R.S. has temporarily halted processing claims in order to identify and reject false applications for the tax break.
During a podcast interview in 2023, Mr. Long talked about his efforts in assisting businesses to apply for the Employee Retention Tax Credit. He mentioned that up until that point, none of their claims had been denied by the tax agency. This program was established in 2020 by Congress and former President Trump as a way to encourage businesses to continue paying their employees during the economic shutdown.
He stated that they do not sneak anyone through the process, but rather ensure that they are eligible for the refund from the IRS, along with any interest owed.
Mr. Trump has made a new selection for a key position at the I.R.S., which could have a significant impact on the agency. The Biden administration has invested a large amount of money into updating the agency and enhancing its tax collection activities to enhance customer service and combat tax evasion.
President Biden appointed Daniel Werfel, a former consultant and government worker with experience in both Democratic and Republican administrations, to head the restructuring of the I.R.S in 2022. Werfel’s term was scheduled to end in 2027.
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