They wrote a letter to Speaker Johnson outlining their views of the Inflation Reduction Act. Representative Andrew Garbarino of New York wrote a letter signed by 17 other…
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Danny Werfel, Internal Revenue Service
Danny Werfel is the Commissioner of Internal Revenue Service within the Department of the Treasury. In this position, he serves as the head of the IRS, a role…
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Danny Werfel, Commissioner, Internal Revenue Service
Danny Werfel, Commissioner, Internal Revenue Service
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IRS Reaches $1 Billion Milestone for Wealthy Back-Tax Collection
The agency is working to increase transparency of how is uses federal funds to address tax evasion. The Internal Revenue Service (IRS) announced Thursday that is has reached…
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Defense Contractor Charged with Tax Evasion
Douglas Edelman operated offshore bank accounts and falsely testified before House regarding income of over $350 Million. The Department of Justice (DOJ) recently unsealed its indictment against Douglas…
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Treasury Department Proposes Tax Accountability for Business Partnerships
The department moves to address the “basis shifting” of business partnerships to lower tax brackets. The Treasury Department proposed new rules this week to hold high-profile tax evasion…
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IRS Announces Tax Bonus for Domestically Produced Iron
The agency released guidance on how to apply for a 10 percent tax credit. The Internal Revenue Service (IRS) released new tax guidance this past week, instructing companies…
Read MoreIRS Extends Remote Work Pilot
The agency is analyzing data for future policy. The Internal Revenue Service (IRS) has extended its remote work pilot program, which was slated to end in June, through…
Read MoreIRS Exceeds Taxpayer Assistance Response Goals
Secretary Yellen seeks to maintain Congressional investment. The Internal Revenue Service (IRS) said this week that the agency exceeded its taxpayer response goals for the year. They attribute…
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IRS Offers New Electronic Tax Filing System
The IRS commissioner recently testified before a House committee regarding Direct File. The Internal Revenue Service (IRS) has released the pilot version of the agency’s updated electronic tax…
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