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Former Missouri congressman Billy Long has been chosen by Trump to lead the IRS. Long has experience in helping businesses take advantage of a tax credit during the pandemic, but this credit has faced issues with fraud and has ended up costing the government more money than expected.
Written by Andrew Duehren
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President-elect Donald J. Trump announced on Wednesday that he plans to appoint Billy Long, a former congressman from Missouri, as the new head of the Internal Revenue Service. This decision implies that he intends to remove the current leader, who was appointed by President Biden.
Following his defeat in a Senate primary in 2022, Mr. Long has promoted a tax credit introduced during the pandemic. Unfortunately, this tax credit has been heavily abused by fraudsters, resulting in billions of dollars in unexpected costs for the government. In response, lawmakers have attempted to eliminate the tax credit, and the IRS has taken steps such as halting the processing of claims to identify and eliminate fraudulent applications.
During a podcast interview in 2023, Mr. Long talked about his efforts in assisting businesses with 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. The program was established by Congress and former President Trump in 2020 as a way to encourage businesses to continue paying their employees during the economic downturn caused by the pandemic.
He stated that they do not secretly help anyone get the refund, but rather ensure that they are eligible for it and receive the money with interest from the IRS.
President Trump made a new appointment for a key position in the IRS through his social media platform. This decision will have a significant impact on the organization at a critical time. The Biden administration has allocated a substantial amount of money to update the agency and enhance its tax collection activities. Their goal is to enhance customer service and combat tax evasion.
President Biden appointed Daniel Werfel, a former consultant and government worker with experience in both Democratic and Republican governments, to head the restructuring of the I.R.S in 2022. Werfel was expected to serve in this role until 2027.
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