IRS 2024 Filing Season and Fiscal Year 2025 Budget
IRS Commissioner Daniel Werfel testified on the 2024 tax filing season and President Biden’s fiscal year 2025 budget request for the agency … read more
IRS Commissioner Daniel Werfel testified on the 2024 tax filing season and President Biden’s fiscal year 2025 budget request for the agency during a hearing before the Senate Finance Committee. On the filing season, the commissioner highlighted the lessons learned and the successes of the Direct File Pilot program offered in 12 states. With regards to the budget, he defended it saying the funding would help the IRS with several priorities including sustaining its mission, implementing modernization efforts, and improving taxpayer services. In the president’s 2025 budget proposal, the IRS was allotted $12.3 billion in discretionary funding. close
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