Clips

Exchange between Brad Wenstrup (R-OH) and Danny Werfel about ERC at W&M 4/27/2023.

• 2 minutes
• 305 views

IRS Commissioner Daniel Werfel opens the door to increasing audit rates on middle-income Americans in a few years.

• 53 seconds
• 86 views

GSM IRS 4.27.23

• 6 minutes
• 23 views

Werfel gives 3-4 year timeframe for increasing audit footprint.

• 2 minutes
• 17 views

Three percent of new-hires will be armed, but those individuals are law enforcement officers ... that is not the Audit segment of the IRS. Those individuals will conduct criminal investigati…

• 2 minutes
• 9 views

Exchange between David Kustoff (R-TN) and Danny Werfel about ERC at W&M 4/27/2023.

• 3 minutes
• 7 views

Chairman Smith (R-MO) set out his agenda for the testimony. Talking points and veiled threats to adhere to the preferences for policies supported by the Republican Party.

• 5 minutes
• 5 views

ERTCs not being held back

• 41 seconds
• 3 views

Mis-information stands fact-checked by this testimony.

• 25 seconds
• 2 views

Beginning the hearing by welcoming the IRS Commissioner ... and setting a more objective agenda that provides for actually sharing information. Experience speaks volumes.

• 4 minutes
• 2 views

The more effective the IRS can be at administering.

• 2 minutes
• 2 views

The one-percenters, the wealthiest taxpayer entities, are under-reporting in an estimated total lost tax participation of $168 Billion. There are no historical records to compare, until a fu…

• 1 minute
• 2 views

Rep Jason Smith chairman of ways & means committee questions the ethics of IRS filing your return for you.

• 29 seconds
• 1 view

The cap on audits to those taxpayers making less than $400,000 was clarified by letters exchanged between Treasury, the IRS, and Congress -- no one will be audited if their income stream is …

• 31 seconds
• 1 view

Expensive to Administer Green Credits

• 5 minutes
• 1 view

Arrington was given a clear statement, and he continued to doubt it, and apologized for it, but continued to amplify his doubt. He offers ulterior motives to clarity, stirring doubt.

• 1 minute
• 1 view

The benchmark is 2018 (not 2010 as Chairman Smith mentioned) and the focus is on 380,000-estimated very wealthy who will be subject to audit from a current IRS staff of 2,000-3,000.

• 2 minutes
• 1 view

Using the funds from Biden's Investment Recovery Act, daily operations improved substantially during the 2023 filing season which ended April 18, 2023 for prior years 2022 and beyond.

• 6 minutes
• 1 view

Under the Inflation Reduction Act (not the Investment Recovery Act, correction here) ... how a taxpayer files will be as the taxpayer prefers ... paper, or electronic ... and the study is no…

• 1 minute
• 0 views

Not prepared with accurate information, it is obvious that his thoughts are in his pocket ... wealthy taxpayers want to keep funding down and essentially starve the IRS effort to audit the v…

• 44 seconds
• 0 views