Transition of power from
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 assisting businesses in claiming a tax credit during the pandemic that has resulted in fraud and higher costs for the government than initially 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 be the new head of the Internal Revenue Service. This decision implies that he plans to remove the current IRS leader, who was appointed by Biden.
After losing a Senate primary in 2022, Mr. Long promoted a tax credit created during the pandemic which has been heavily abused and ended up costing the government much more than anticipated. Lawmakers have attempted to eliminate the tax credit, and the I.R.S. has temporarily halted processing claims in order to weed out fraudulent applications.
During a podcast interview in 2023, Mr. Long talked about how he assists businesses in claiming the Employee Retention Tax Credit. He mentioned that he and his team have not 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 allow anyone to pass through without meeting the qualifications for the refund from the I.R.S. They ensure that individuals are eligible to receive their own money back with interest.
President Trump made a new selection for a position in the I.R.S. at a critical time. The Biden administration has invested significant funds into updating the agency and strengthening its tax collection initiatives to enhance customer service and combat tax evasion.
President Biden appointed Daniel Werfel, who had experience as a management consultant and civil servant in various administrations, to head the I.R.S. reform efforts until 2027.
We are currently experiencing difficulties in accessing the content of the article.
To use this website properly, make sure to activate JavaScript in
We appreciate your patience as we confirm your access. If you are currently in Reader mode, please log out and sign in to your Times account, or consider subscribing to access all of The Times.
We appreciate your patience as we confirm your access.
Are you already a member? Please log in.
Interested in accessing all content from The Times? Subscribe now.
Prom
Index of Website
Navigation Information for the Website
