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Former Missouri congressman Billy Long has been chosen by Trump to lead the Internal Revenue Service (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 initially expected.
Written by Andrew Duehren.
Writing updates from the
On Wednesday, President-elect Donald J. Trump announced his intention to nominate Billy Long, a former congressman from Missouri, as the new head of the Internal Revenue Service. This move implies that Trump plans to remove the current IRS leader, who was appointed by Biden.
Following his loss in a Senate primary in 2022, Mr. Long promoted a tax credit introduced during the pandemic that has faced widespread fraud, resulting in much higher costs to the government than anticipated. In response, lawmakers have attempted to terminate the tax credit, and the I.R.S. has paused processing claims temporarily to identify and eliminate fraudulent applications.
During a podcast interview in 2023, Mr. Long talked about how he and his team have successfully helped businesses take advantage of the Employee Retention Tax Credit, with no claims being 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 allow anyone to cheat the system, and they ensure that individuals are eligible for the refund from the IRS, including interest on their own money.
President Trump made a new selection for a position within the IRS, which was announced on his social media platform. This decision will bring significant changes to the IRS during a crucial period. The Biden administration has dedicated a large amount of funding towards updating the agency and strengthening its tax collection activities. This initiative aims to enhance customer service and combat tax evasion.
In 2022, President Biden appointed Daniel Werfel, a former management consultant and civil servant with experience in both Democratic and Republican administrations, to head the restructuring of the I.R.S. Werfel was expected to serve in this role until 2027.
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