The U.S. Senate Finance Committee held a hearing on Wednesday to consider Daniel Werfel’s nomination as the next commissioner of the IRS.
With $80 billion in additional funds as part of the Inflation Reduction Act, Republican and Democratic lawmakers agreed that restoring the credibility of the tax-collecting agency was paramount under Werfel’s potential leadership.
But there was disagreement on both sides of the increase regarding the methods of achieving this objective.
In recent years, multiple surveys have highlighted Americans’ disapproval and distrust of the IRS and other federal government agencies. In addition, other polls have revealed taxpayers’ concerns that the organization will bolster the number of audits each year….