President Joe Biden has nominated Daniel Werfel as the IRS Commissioner. Daniel Werfel is currently a Managing Director and Partner at Boston Consulting Group. He has served in several federal government positions previously. In addition to his position as Acting Commissioner of the IRS in 2013, Werfel also served as Controller of the Office of Management and Budget under the Obama administration and worked in George W. Bush’s administration for the Office of Financial Stability.
Werfel’s nomination comes as the IRS begins an $80 billion project to improve IRS systems – particularly customer service and technology – funded by the Inflation Reduction Act.
Daniel Werfel has stated that “Americans rightfully expect a more modern and high-performing IRS” and in response, stated that he would be “unyielding in following my true north to increase public trust.” He also stated that he would be committed to not increase audit rates relative to historic levels for small businesses and households making under $400,000. He further stated that, “if I am fortunate enough to be confirmed, the audit and compliance priorities will be focused on enhancing IRS capabilities to ensure America’s highest earners comply with applicable tax laws.”
Werfel’s confirmation hearing before the Senate Finance Committee is scheduled for today – Wednesday, February 15, 2023.
