Werfel was proposed by President Joe Biden to lead the Internal Revenue Service, which will receive a significant funding boost from the Inflation Reduction Act, which Congress passed in August, totaling almost $80 billion over the next 10 years. Noting the act’s impact on the federal tax collector, Werfel states that “People justifiably expect a more contemporary and high-performing IRS.”
Biden Nominee Promises Not To Audit Businesses And Households Earning Less Than $400,000 Annually; If Confirmed
by | Mar 19, 2023 | Uncategorized | 0 comments