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[ad_1] That means there is less uncertainty about how much money will come in — there isn’t a huge lump of tax payments still waiting to be tallied, like there was last year, when many didn’t get deposited until May or later. Most of the tax payments Treasury is going to receive have now already…
[ad_1] But the vaguely worded report, which was delivered more than a month later than the deadline Treasury Secretary Janet Yellen set, answered few of the questions that lawmakers have been lobbing at Yellen and IRS officials for months about specific budget forecasts and department hiring. The IRS, which counted around 78,700 employees in 2021,…
[ad_1] Based on information requests from the committee, the bank identified 23 undeclared accounts belonging to ultra-wealthy U.S. citizens with more than $20 million at the bank. The Senate report noted that more concealed accounts could be uncovered as the bank’s review continues. “At the center of this investigation are greedy Swiss bankers and catnapping…
[ad_1] Republicans, meanwhile, have promised to grill Werfel on everything from what they view as the agency’s excessive funding to the leak of confidential taxpayer information. Senate Finance Committee Ron Wyden (D-Ore.) said in a floor speech Wednesday that Werfel can handle the crosswinds, given his stint as acting commissioner of the IRS in 2013…
[ad_1] Manchin’s move also comes as he faces the prospect of a tough reelection race next year in his Republican-leaning state. He has not said whether he’ll run for another term. Manchin’s opposition is unlikely endanger Werfel’s nomination, which appears assured. Werfel won bipartisan support on the chamber’s Finance Committee, with three Republicans there backing…