WASHINGTON, D.C. – Ways and Means Chairman Jason Smith (MO-08) issued the following statement in observance of Tax Day, warning of the increased threat to taxpayers posed by Democrat efforts to supercharge the IRS and hike taxes on workers and small businesses. “For working-class Americans, ...
WASHINGTON, D.C. - On Thursday, Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement in response to the Internal Revenue Service’s (IRS) newly released “plan” that was supposed to inform Congress and the American people how the IRS will spend the $80 billion Democrats gave the agency in the ...
As audits on middle-class families are slated to
WASHINGTON, DC – American taxpayers struggling in the Biden economy deserve answers about how President Biden’s $4.7 trillion tax hike, proposed in his fiscal year (FY) 2024 budget, will impact them, wrote Ways and Means Chairman Jason Smith (MO-08) in a letter to ...
WASHINGTON, DC – A think tank with ties to the liberal wing of the Democrat party is drawing scrutiny from Ways and Means Republicans after it was selected by the Biden Administration to receive $15 million in taxpayer funds to “review” an e-file program designed to make the Internal Revenue Service (IRS) both tax collector and tax preparer – a program for which the ...
WASHINGTON, D.C. – Taxpayers whose privacy has been repeatedly abused and their financial information leaked by the government deserve answers from the Internal Revenue Service (IRS), wrote House Ways and Means Committee Chairman Jason Smith (MO-08) and House Ways and Means Subcommittee on Oversight Chairman David Schweikert (AZ-01) in a
WASHINGTON, DC – Nineteen months after a massive leak of confidential taxpayer information was published by ProPublica, the American people are still in the dark, charged House Ways and Means Chairman Jason Smith (MO-08) in a letter sent ...
WASHINGTON, DC – After the IRS failed to fulfill a request by Congress’s top tax panel to inform the agency’s more than 80,000 employees about a new whistleblower portal for reporting ...
Washington, D.C. – Rather than keep Congress waiting for the Biden Administration’s plans for how it will use $80 billion in new funding for audits and tax enforcement or details on the myriad of other ways in which the Administration will saddle middle class families with higher taxes and more debt to pay for its welfare for the wealthy agenda, House Ways and Means Committee ...
Washington, DC – In another instance of President Biden violating his pledge not to use the newly supercharged IRS against workers earning less than $400,000 a year, the tax collection agency announced a new dragnet to ensure workers properly report their tips. The program, according to an IRS announcement, is “to improve tip reporting compliance” but is just the latest effort to scrutinize ...