Committee passed legislation closes loopholes in the tax code, protects Americans’ First Amendment rights, and raises penalties for the unauthorized disclosure of taxpayer information. WASHINGTON, D.C. – Yesterday, the Ways and Means ...
As prepared for delivery "This committee has been concerned with the proliferation of tax-exempt organizations that receive generous benefits under section 501 of the U.S. tax code engaging in activities that may not be in line with the spirit or the letter of the law. Our investigation into this issue ranges ...
Republican bills promote U.S. election integrity, close loopholes for tax-exempt entities, and protect Americans’ First Amendment rights WASHINGTON, D.C. – Throughout the 118th Congress, the Committee on Ways and Means ...
The Taxpayer Data Protection Act follows the unprecedented leak of taxpayer information by an IRS contractor whose sentencing is unlikely to deter future bad actors.
WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) called on the U.S. Chamber of Commerce (USCC) today to provide the Committee with information regarding donations it received from third-party ...
WASHINGTON, D.C. – Reports indicate that individuals associated with organizations enjoying generous tax benefits under the U.S. tax code have direct ties to and may be under the influence of America’s foreign adversaries – including China.
As prepared for delivery. "I rise today in support of H.R. 6408, bipartisan legislation introduced by Ways and Means members David Kustoff and Brad Schneider. "This commonsense bill revokes the tax-exempt status of entities that have been found to be ...
WASHINGTON, D.C. – As part of an investigation into college and university responses to antisemitism targeting Jewish students on campuses that enjoy generous benefits through the U.S. tax code, Ways and Means Committee Chairman Jason Smith (MO-08)
WASHINGTON, D.C. – A California inmate reportedly defrauded U.S. taxpayers out of over $550 million by falsely claiming COVID-era Employee Retention Tax Credits (ERTC),
As prepared for delivery. "Thank you Chairman Comer and Ranking Member Raskin. "From the beginning of this investigation, we’ve made clear that we will follow the facts wherever they lead. The facts have led us to two conclusions: One, the Biden Family ...