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IRS nominee: No audit boost for households under $400,000
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FILE - Then-acting IRS Commissioner Danny Werfel prepares to testify on Capitol Hill in Washington, June 27, 2013, before the House Ways and Means Committee hearing. Werfel has been nominated to take over the agency, which is struggling with outdated technology and a mountain of vital responsibilities, including U.S. tax law enforcement and collection. Werfel's Senate confirmation hearing is set for Wednesday, Feb. 15. - photo by AP Photo/J. Scott Applewhite, File
WASHINGTON (AP) — If confirmed as IRS commissioner, Daniel Werfel says he will commit to not increasing tax audits on businesses and households making less than $400,000 per year. Anticipating questions ahead of his confirmation hearing Wednesday before the Senate Finance Committee, Werfel in prepared testimony makes several other commitments aimed at revamping the beleaguered agency. President Joe Biden nominated Werfel to steer the Internal Revenue Service as it receives a massive funding boost — nearly $80 billion over the next 10 years through the Inflation Reduction Act, which Congress passed in August.