03/02/2023

Senate Finance Likely to Support Werfel as IRS Commissioner

He has a long history of bipartisan government service

The Senate Finance Committee is meeting today and is likely to support Daniel Werfel, President Joe Biden’s pick to serve as Internal Revenue Service (IRS) Commissioner, setting up a confirmation vote by the full Senate.

During a confirmation hearing last month, Werfel defended the agency’s additional $80 billion in funding authorized in the Inflation Reduction Act last year. Werfel faced numerous questions from Senate Republicans about how the additional funding would be used. About $46 billion of the funding was allocated for enforcement and the rest to taxpayer services, operations support and modernizing business systems.

Werfel pledged not to expand tax audits on businesses and households making less than $400,000 per year and said he would be “unyielding in following my true north to increase public trust” in the agency.

Werfel, who most recently worked at the Boston Consulting Group, has a long history of government service in the George W. Bush and Obama administrations and served as acting IRS commissioner in 2013, taking over after top agency officials resigned over a controversy involving the scrutiny of conservative groups applying for tax-exempt status.

This article was provided to OSAP by ASAE's Power of Associations and Inroads.