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Oversight

Four Key Moments from the Oversight Subcommittee Hearing on the Employee Retention Tax Credit

July 31, 2023 — Blog

WASHINGTON, DC – The Oversight Subcommittee of the Committee on Ways and Means recently examined the challenges businesses and tax preparers have faced with the Employee Retention Tax Credit (ERTC), a COVID-era benefit to help businesses keep Americans on payroll during government-mandated lockdowns. Witnesses highlighted that due to confusing and changing IRS rules and ...

Oversight Subcommittee Chairman Schweikert Opening Statement -Hearing on The Employee Retention Tax Credit Experience: Confusion, Delays, and Fraud

July 27, 2023 — Blog

As prepared for delivery.  "Good afternoon and welcome to today’s Oversight Subcommittee hearing. This is a hearing to allow Members of the Committee to hear from those directly impacted by the challenges associated with the Employee Retention Tax Credit (ERTC). The hearing will also allow us to hear from those who are helping employers navigate the ERTC ...

Judge’s Refusal to Accept Hunter Biden Plea Deal is a Win for the Integrity of America’s Justice System

July 26, 2023 — Blog

Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after a U.S. District Court Judge for the District of Delaware refused to accept the plea agreement negotiated by the Biden Department of Justice and Hunter Biden’s defense attorneys for various alleged tax crimes committed by Hunter Biden. “In recent weeks, the American people have heard from ...

Smith, Schweikert Demand Key Document from IRS on Destruction of 30 Million Tax Records

July 25, 2023 — Blog

WASHINGTON, D.C. – Three years after the Internal Revenue Service (IRS) destroyed 30 million unprocessed, paper-filed informational tax returns, the agency continues to refuse to hand over a memorandum requested by the Ways and Means Committee detailing the decision to do so. In a letter to IRS Commissioner Daniel Werfel, Ways and Means Committee Chairman Jason Smith (MO-08) ...

Chairman Smith Questions Ways and Means Whistleblowers in Hunter Biden Investigation

July 21, 2023 — Blog

WASHINGTON, DC – In a stunning hearing before the House Oversight and Accountability Committee, two IRS whistleblowers testified that the Department of Justice repeatedly acted to show Hunter Biden preferential treatment in their investigation into his alleged felony tax crimes. House Ways and Means Committee Chairman Jason Smith (MO-08) ...