Concerns Arise Over Billy Long’s IRS Leadership Bid Amidst Tax Credit Controversies - PRESS AI WORLD
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Concerns Arise Over Billy Long’s IRS Leadership Bid Amidst Tax Credit Controversies

share-iconThursday, January 09 comment-icon1 week ago 13 views
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cbsnewsCBSNEWS
Concerns Arise Over Billy Long’s IRS Leadership Bid Amidst Tax Credit Controversies

Credited from: CBSNEWS

  • Billy Long, nominated by President Trump to head the IRS, is under scrutiny from Sen. Elizabeth Warren regarding his tax experience and qualifications.
  • Warren's concerns are centered on Long's support for the Employee Retention Tax Credit (ERTC), which has been associated with a high rate of fraud.
  • Long lacks significant management and tax expertise, raising questions about his suitability for the role of IRS Commissioner.
  • Warren's letter requested details about Long's involvement with the ERTC and his professional credentials, including a recently removed podcast reference.
  • The Senate Finance Committee is set to hold a confirmation hearing for Long, who has not yet publicly responded to these inquiries.

For full article, visit CBS News.

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