Trump’s transition period
Transition of power
Transition of power
Prom
Former congressman Billy Long has been chosen by Trump to lead the IRS. Long, who represented Missouri for six terms, has been assisting businesses in claiming a tax credit during the pandemic that has faced issues with fraud and has resulted in the government spending more money than expected.
Written by Andrew Duehren
Writing from the capital
On Wednesday, 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 move indicates his plan to remove the current leader, who was appointed by President Biden.
After losing a Senate primary in 2022, Mr. Long promoted a tax credit designed for the pandemic era that has been plagued by fraudulent claims, leading to a much higher cost to the government than originally anticipated. In response, lawmakers have attempted to eliminate the tax credit, and the I.R.S. has temporarily halted processing claims to identify and reject false applications for the tax break.
During a podcast interview in 2023, Mr. Long talked about how he assists businesses in claiming the Employee Retention Tax Credit. He mentioned that neither he nor his team have had any claims denied by the tax agency. This program was established by Congress and former President Trump in 2020 to encourage businesses to continue paying their employees during the economic shutdown.
He stated that they do not sneak anyone through, and they ensure that individuals qualify for the refund from the IRS with interest.
President Trump announced his selection on his social media platform, which will bring significant change to the I.R.S. during a crucial time. The Biden administration has invested a substantial amount of money into updating the agency and strengthening its efforts to collect taxes, aiming to enhance customer service and combat tax evasion.
President Biden selected Daniel Werfel in 2022 to head the restructuring of the I.R.S. Werfel, a former management consultant and civil servant with experience in both Democratic and Republican administrations, was appointed to lead the agency until 2027.
There is an issue with accessing the content of the article.
To use this website, please make sure that JavaScript is enabled
We appreciate your understanding as we confirm your access. If you are currently using Reader mode, please log out and sign in to your Times account, or consider subscribing to access all of The Times content.
We appreciate your understanding as we confirm your access.
Are you already signed up? Please log in.
Interested in accessing all the content from The Times? Subscribe now.
Prom
Index of the Website
Navigation Information for the Website