President Biden's nominee to lead the IRS says that, if confirmed, he will commit to not increasing tax audits on businesses and households making less than $400,000 per year. Daniel Werfel’s pledge comes in prepared remarks for his confirmation hearing.
Then-acting IRS Commissioner Danny Werfel prepares to testify on Capitol Hill in Washington, June 27, 2013, before the House Ways and Means Committee hearing. Werfel has been nominated to take over the agency, which is struggling with outdated technology and a mountain of vital responsibilities, including U.S. tax law enforcement and collection. Werfel's Senate confirmation hearing is set for Wednesday, Feb. 15.
Then-acting IRS Commissioner Danny Werfel prepares to testify on Capitol Hill in Washington, June 27, 2013, before the House Ways and Means Committee hearing. Werfel has been nominated to take over the agency, which is struggling with outdated technology and a mountain of vital responsibilities, including U.S. tax law enforcement and collection. Werfel's Senate confirmation hearing is set for Wednesday, Feb. 15.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Save $400 on an excellent Surface Pro X tablet right nowBest Buy is running a clearance on select Microsoft Surface devices, and if you're on the hunt for a good Windows 11 tablet/laptop, now's the time to get one.
Read more »
Jim Simons' RenTech fund boosted Tesla bet 1,000 times to $400 millionJim Simons' RenTech fund supercharged its Tesla bet last quarter, boosting its value 1,000 times to over $400 million
Read more »
FTX Seeks to Reclaim $400 Million From a JPMorgan Account: New York Times.FTX_Official's new leadership is negotiating the return of $400 million SBF_FTX invested with a little-known hedge fund. The money is sitting in an interest-bearing account with JPMorgan. By amitoj
Read more »
Multimedia powerhouse Xperia 1 IV crashes to a new low priceSony's classy Xperia 1 IV is on sale for $400 off.
Read more »
How two Texan brothers 'reinvented fire' to build a $400 million backyard campfire company with a cult followingSolo Stove fire pits, 'virtually smokeless,' have taken over backyard campfires nationwide — growing parent company Solo Brands to a $400 million market cap.
Read more »