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Former Missouri Congressman Billy Long has been chosen by Trump to lead the Internal Revenue Service. Long, who served six terms in Congress, has been assisting businesses in claiming a tax credit during the pandemic. This tax credit has faced issues with fraud and ended up costing the government more money than originally expected.
Written by Andrew Duehren
Updating 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 would mean that the current leader, who was appointed by Biden, would be removed from the position.
After being unsuccessful in a Senate primary in 2022, Mr. Long promoted a tax credit created during the pandemic that has been heavily abused by fraud and ended up costing the government much more money than originally anticipated. Legislators have attempted to eliminate the tax credit, and the IRS temporarily halted processing claims to identify and reject fraudulent applications.
During a podcast interview in 2023, Mr. Long talked about how he assists businesses in applying for the Employee Retention Tax Credit. He mentioned that he and his team have not had any claims denied by the tax agency so far. This credit was established by Congress and former President Trump in 2020 as a way to encourage businesses to continue paying their employees during the economic shutdown.
He explained that they do not sneak anyone through the process, but rather make sure that individuals truly qualify for the refund from the I.R.S. along with interest.
Donald Trump made a new selection for a key position in the IRS, which was announced on his social media platform. This decision comes at a critical time, as the Biden administration has invested significant funds into updating the agency and enhancing its tax collection activities. The goal is to enhance customer service and combat tax evasion.
President Biden selected Daniel Werfel in 2022 to head the I.R.S. overhaul. Werfel, a previous management consultant and civil servant with experience in both Democratic and Republican administrations, was appointed to serve until 2027.
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