WASHINGTON, D.C. – Reports indicate that individuals associated with organizations enjoying generous tax benefits under the U.S. tax code have direct ties to and may be under the influence of America’s foreign adversaries – including China.
As prepared for delivery. "I rise today in support of H.R. 6408, bipartisan legislation introduced by Ways and Means members David Kustoff and Brad Schneider. "This commonsense bill revokes the tax-exempt status of entities that have been found to be ...
WASHINGTON, D.C. – As part of an investigation into college and university responses to antisemitism targeting Jewish students on campuses that enjoy generous benefits through the U.S. tax code, Ways and Means Committee Chairman Jason Smith (MO-08)
WASHINGTON, D.C. – A California inmate reportedly defrauded U.S. taxpayers out of over $550 million by falsely claiming COVID-era Employee Retention Tax Credits (ERTC),
As prepared for delivery. "Thank you Chairman Comer and Ranking Member Raskin. "From the beginning of this investigation, we’ve made clear that we will follow the facts wherever they lead. The facts have led us to two conclusions: One, the Biden Family ...
Hidden inside President Biden’s Fiscal Year (FY) 2025 Budget is the revelation that he will increase taxes by a whopping $7 trillion, thanks to a range of tax increases and the expiration of Republicans’ 2017 tax reform. Ways and Means ...
Washington, D.C. – As the Internal Revenue Service (IRS) launched pilot programs throughout the U.S. for an unauthorized direct e-file program, Ways and Means Chairman Jason Smith (MO-08) released the following statement: “This pilot program is simply a way to expand the power of the IRS that no one ...
Washington, DC – Ways and Means Chairman Jason Smith (MO-08) issued the following statement on President Biden’s release of his Fiscal Year 2025 budget: “This President is more confused than normal if he thinks House Republicans will go along with adding $16 trillion to our public debt while ...
WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) joined Fox News host Bill Hemmer on Thursday to discuss the House impeachment inquiry’s deposition with Hunter Biden. During the interview, Chairman Smith highlighted the common thread connecting James and Hunter Biden’s ...
WASHINGTON, D.C. – The Internal Revenue Service (IRS) is currently failing to follow the law and protect taxpayers in several key areas, Ways and Means Committee members warned IRS Commissioner Daniel Werfel during an oversight hearing of the agency. A recent report from the Treasury Inspector General for Tax Administration (TIGTA) showed ...