WASHINGTON – Sen. Chuck Grassley (R-Iowa), a senior member and former chairman of the Senate Finance Committee, questioned Internal Revenue Service (IRS) CEO Frank Bisignano about the Trump administration’s improved approach to collection and the importance of the IRS Whistleblower Program, which has brought in over $7 billion to the Treasury. The IRS is utilizing modern tools to improve case selection rather than increased audits.
On Tax Day, Grassley also delivered remarks praising Republicans’ Working Families Tax Cuts Act, which is generating higher tax refunds for working Americans. The average tax cut is equivalent to $250 per month. Nearly half of filers claimed one of the new tax cuts: no tax on tips and overtime, auto loan interest or the senior deduction.
On the need for modern tools, not an army of auditors:
I get the opinion by listening to people on the other side of the aisle that all you have to do is hire 100,000 more people at IRS, and you get a lot more money.
Under the previous administration, the IRS placed an emphasis on enforcement through increased audits. My understanding is the IRS is taking a more tactful approach under the Trump administration.
Rather than relying on an army of IRS auditors, there is a greater focus on using modern tools—and I’ll let you discuss whatever modern tools is—to improve case selection. How is the IRS using technology to improve enforcement?
On the renewed importance of Grassley’s IRS Whistleblower Program
Now, I...
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