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Accountancy Slice
North America
Former Missouri congressman Billy Long will be ceremonially sworn in as IRS Commissioner later today. He was confirmed by the Senate in June with a 53-44 vote, despite concerns regarding his ties to a tax credit scheme. Mr. Long's appointment comes amid significant staffing cuts and leadership instability within the agency, which have raised concerns about the upcoming tax filing season. In a message to IRS employees, he said: “In my first 90 days I plan to ask you, my employee partners, to help me develop a new culture here. I'm big on culture, and I'm anxious to develop one that makes your lives and the taxpayers' lives better.” Mr. Long, who has no prior experience in tax administration, previously sponsored legislation aimed at abolishing the IRS. His connections to alleged tax loopholes have prompted calls for a criminal investigation from Democrats.
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