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Tax  |  April 12, 2024
Global InSight
Tax News & Views
Capitol Hill briefing.
 

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Finance Committee to discuss IRS budget, 2023 tax year filing season at upcoming hearing

adThe Senate Finance Committee announced this week that it will hold a hearing on April 16 at 10:30 a.m. to discuss the Biden administration’s FY 2025 budget request for the Internal Revenue Service and the 2024 tax filing season with IRS Commissioner Daniel Werfel.

 

Werfel will be the sole invited witness at the hearing.

 

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Michael DeHoff

Tax Policy Group

Deloitte Tax LLP

 



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In this issue

Bipartisan tax package remains stuck in the Senate

Proposed regulations address corporate stock buyback excise tax

Ways and Means Republicans, Democrats divided over TCJA’s future

Stricter FATCA enforcement, increased IRS resources are key to addressing offshore tax evasion, Whitehouse says

Advance Pricing Agreement annual report shows record number of APAs executed in 2023

Finance Committee to discuss IRS budget, 2023 tax year filing season at upcoming hearing



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