Tag: Werfel, Daniel I

IRS Commissioner Warns Budget Cuts Would Add to Deficit

The head of the Internal Revenue Service warned on Thursday that proposed cuts to his agency’s budget would ultimately cost the federal government more money and pushed back against accusations that he had been disregarding laws for political purposes. The comments by the I.R.S. commissioner, Daniel Werfel, came in testimony before the House Ways and […]

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I.R.S. Commissioner Aims to Show Progress Amid Threats of Budget Cuts

At his senate confirmation last February, Daniel Werfel told lawmakers that if given the job of Internal Revenue Service commissioner he would work to increase “public trust” in the beleaguered agency and use the $80 billion that Congress had granted it to build a “more modern and high performing” organization. A year later, Mr. Werfel […]

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I.R.S. Contractor Charged With Leaking Tax Returns

A contractor for the Internal Revenue Service has been charged with leaking tax return information from a senior government official and wealthy taxpayers to two news organizations, according to an indictment unsealed in federal court in Washington on Friday. Charles Edward Littlejohn, who worked as a contractor for the tax agency from 2017 to 2021, […]

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I.R.S. Freezes Pandemic-Era Tax Credit Amid Fraud Fears

The Internal Revenue Service said on Thursday that it is freezing a pandemic-era employer tax benefit that has been a magnet for fraud and has cost the federal government billions of dollars as the agency looks for ways to stop the program from being abused. The tax collector also said that it had referred thousands […]

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I.R.S. Deploys Artificial Intelligence to Target Rich Partnerships

The Internal Revenue Service has started using artificial intelligence to investigate tax evasion at multibillion-dollar partnerships as it looks for ways to better police hedge funds, private equity groups, real estate investors and large law firms. The announcement on Friday demonstrated how a more muscular I.R.S. is using some of the $80 billion allocated through […]

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