Today, IRS Commissioner Koskinen painted a clear picture of how the IRS plans on “overseeing” billions of dollars in taxpayer subsidies. When asked by Health Subcommittee Chairman Brady if the IRS would be following the law and collecting taxpayer dollars that went to people who were not eligible, Koskinen simply said, “Wherever we can, we follow the law.” [House Ways and Means Committee]
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The Treasury Inspector General for Tax Administration released a report Tuesday [PDF] they initiated in response to a Congressional request from Sen. Elizabeth Warren (D-Mass.) and Rep. Pramila Jayapal (D-Wash.) to evaluate employees moving between large accounting firms and the IRS, a.k.a the “revolving door”. The Congressional request specifically noted interest in large accounting firms. […]
Last year’s Inflation Reduction Act allotted a whole bucket of cash to the IRS ($80 billion) to modernize its ancient systems and bring on new employees, a lot of employees. At the time, we wondered where the IRS was going to find tens of thousands of people with a bachelor’s degree and 30 units of accounting […]