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Transcripts For CSPAN3 IRS 20240703

[inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to order. Before we began i now, i know speak for anyone here when i wish our Ranking Member a belated happy birthday yesterday. And lets have some cake later so lets celebrate. But late happy birthday. We appreciate serving with you. Thank you, commissioner werfel, for appearing before the ways and Means Committee a little earlier than usual this year. We have a lot to go over with use appreciate you answering the request of our members to come before the Committee Early this year. First, as it pertains to the current 2023 tax Filing Season i want to thank you and your team for the Technical Work to ensure the quick and without delay implementation of provisions of the tax relief for American Families and workers act. We particularly appreciate the steps the agency is taken right now to be ready to immediately implement the legislation once the Senate Passes the bill and it is signed

Transcripts For CSPAN3 IRS 20240703

Companies and more. Including spark light. At spark light it is our home too and we are facing our greast challenge and that is why we are working around the clock to keep you connected. We are doing our part so you can do yours. Sparklight supports cspan along with these other Television Providers giving you a front roe seat to democracy. Irs commissioner testifies on Child Tax Credit and the use of Artificial Intelligence in auditing tax returns. The topic of the earned income tax credit fraud was also discussed. [inaudible conversations] [inaudible conversations] [inaudible conversations] the committee will come to order. Before we began i now, i know the committee will come ft order. Before we begin, i know i speak for everyone here when i wish our Ranking Member a happy birthday, yesterday. We are supposed to have some cake later so we need to celebrate. But, a late happy birthday and we appreciate serving with you. Thank you commissioner for appearing before the ways and Means Co

Transcripts For CSPAN2 IRS 20240703

Testifies the 2024 tax Filing Season and President Biden 2025 budget request for the agency. During the hearing the commission from the Senate Finance committee and irs efforts in improving Taxpayer Services. [background noises] finest commando come to order. Today, the Committee Meets to discuss irs budget and tax Filing Season was closed yesterday. I want to thank commissioner for being here on a very busy time for everybody at the agency. There are lots of issues to discuss. One that is certainly important to the American People direct file. Anyone who denies the direct file pilot was a huge success,re my guess is you are living in another universe but its open to a fairly small percentage of taxpayers but the reviews i got from its initial users were overwhelmingly positive. It seems like a whole lot of people were very stunned that a federal agency, particularly one as frequently vilified as the irs was able to build a helpful website that works. The tens of thousands of taxpayers

Transcripts For CSPAN2 IRS 20240703

The hearing is two hours and 20 minutes. Chair Wyden Finance Committee will come to order. Today the Committee Meets to discuss tax Filing Season, which closed yesterday. I think thank commissioner werfel for being here at a busy time for everybody in the agency. There are lots of issues to discuss, and one that certainly is important to the American People is direct file. Anyone who denies that the direct file was a huge success, my guess is just living in another universe. It is open to a fairly small percentage of taxpayers, but the reviews it got from its initial users were overwhelmingly positive. It seems like a whole lot of people were very stunned that a federal agency, particularly one as frequently vilified as the irs, was able to build a helpful website that works. Tens of thousands of taxpayers who use direct file this year collectively save millions on fees that they wouldve paid to one of the tax software giants. Website is userfriendly. It is quick and easy to use and di

Transcripts For CSPAN IRS 20240703

Used to modernize the agency. The hearing is two hours and 20 minutes. Chair Wyden Finance Committee will come to order. Today the Committee Meets to discuss tax Filing Season, which closed yesterday. I think thank commissioner werfel for being here at a busy time for everybody in the agency. There are lots of issues to discuss, and one that certainly is important to the American People is direct file. Anyone who denies that the direct file was a huge success, my guess is just living in another universe. It is open to a fairly small percentage of taxpayers, but the reviews it got from its initial users were overwhelmingly positive. It seems like a whole lot of people were very stunned that a federal agency, particularly one as frequently vilified as the irs, was able to build a helpful website that works. Tens of thousands of taxpayers who use direct file this year collectively save millions on fees that they wouldve paid to one of the tax software giants. Website is userfriendly. It i

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