Transition of power to
Transition of power
Transition to the
Prom
Former Missouri congressman Billy Long has been chosen by Trump to lead the IRS. Long, who served six terms in Congress, has been involved in assisting businesses in claiming a tax credit during the pandemic. This tax credit has been plagued with fraud and has ended up costing the government billions more than originally expected.
Written by Andrew Duehren
Writing from the nation
On Wednesday, President-elect Donald J. Trump announced his intention to nominate Billy Long, a former congressman from Missouri, to head the Internal Revenue Service. This move would involve removing the current leader, who was appointed by President Biden.
Following his defeat in a Senate primary in 2022, Mr. Long promoted a tax credit designed for the pandemic period that has been heavily abused by fraudulent claims, resulting in the government spending billions more than anticipated. Efforts have been made by lawmakers to end the tax credit, with the IRS halting the processing of claims temporarily to identify and eliminate false applications.
During a podcast interview in 2023, Mr. Long talked about how he and his team have been successful in assisting businesses with claiming the Employee Retention Tax Credit. This credit, established by Congress and former President Trump in 2020, was designed to encourage businesses to continue paying their employees during the economic shutdown. Mr. Long mentioned that they have not had any claims denied by the tax agency so far.
He stated that they do not allow anyone to cheat their way through. They ensure that individuals truly qualify for the tax refund from the IRS, along with any interest owed.
President Trump has made a new selection for a position within the Internal Revenue Service (IRS), which has been announced on his social media platform. This decision could have a significant impact on the IRS during a crucial time. The Biden administration has invested a substantial amount of money in updating the agency and enhancing its efforts to collect taxes, aiming to enhance customer service and combat tax evasion.
President Biden selected Daniel Werfel in 2022 to head the I.R.S. overhaul. Werfel is a former management consultant and civil servant with experience in both Democratic and Republican administrations. His term was scheduled to end in 2027.
We are currently experiencing difficulties in accessing the content of the article.
Make sure to activate JavaScript in the settings of your web browser
We appreciate your understanding as we confirm your access. If you are currently using Reader mode, please close it and sign in to your Times account, or consider subscribing to access all of The Times.
We appreciate your understanding as we confirm access.
Are you already a member? Please sign in.
Interested in getting access to all the content from The Times? Subscribe
Prom
Page Index
Navigation for Site Information