As lawmakers and tax policy experts look to revitalize the IRS Oversight Board that’s laid dormant for years, one proposal on the table would give the board the power to award bonuses to IRS executives who meet or exceed performance goals.
At a Senate Finance Committee hearing Thursday, members got their first chance to gauge the priorities of Charles Rettig, President Donald Trump’s pick for IRS commissioner.
As the IRS looks to implement its new long-term strategy and sees a spending boost on the horizon from Congress, David Kautter, the agency’s acting commissioner, plans to hire 1,700 full-time additional employees ahead of next year’s tax filing season.
In today’s Federal Newscast, bipartisan legislation in the Senate would shorten the deadline for the Defense department to pay defense contractors who work with small businesses.
The IRS is giving taxpayers an extra day to file their taxes after experiencing a partial outage of its online systems Tuesday, the final day for millions of Americans to file their 2017 tax returns.
Outgoing commissioner credits his legacy to career employees.
President Trump has announced the interim appointment of Treasury official David Kautter to head the IRS and spearhead his push for tax reform legislation in Congress.