Thursday, February 08, 2018 5:14:57 PM
Trump picks tax lawyer to head IRS
Charles Rettig would replace John Koskinen, who stepped down in November at the end of his five-year term. | John Shinkle/POLITICO
By TOBY ECKERT and AARON LORENZO
02/08/2018 02:37 PM EST
Updated 02/08/2018 04:19 PM EST
[...]
Rettig's nomination would break 20 years of precedent in which IRS leaders have come to the top job from business and management backgrounds. His knowledge of the nuances of tax law is likely to come into play as the agency issues dozens of rules to guide corporations and individuals navigating the tax overhaul that took effect Jan. 1. The agency must implement deep tax cuts as well as numerous far-reaching changes to the tax code.
But the IRS is saddled with outdated technology that could make that job more difficult. Its budget has been cut repeatedly in recent years by Republicans still angered by the agency’s previous targeting of conservative political groups for extra scrutiny when they applied for tax-exempt status.
The agency is also fighting an onslaught of tax-return fraud related to identity theft.
https://www.politico.com/story/2018/02/08/trump-nominates-tax-lawyer-to-head-irs-330586
Posted specifically to the sixth down in yours, in which InfoWar's Michael puts Michael Snyder as a congressman keen on abolishing the IRS.
--
Trump Picks California Lawyer to Head IRS
By THE ASSOCIATED PRESSFEB. 8, 2018, 2:01 P.M. E.S.T.
WASHINGTON — President Donald Trump's pick to lead the IRS is Charles Rettig, a tax lawyer from Beverly Hills, California.
If the Senate confirms him as head of the government's tax collection agency, Rettig would administer the Republican tax code overhaul. He has represented thousands of individuals and companies in civil and criminal tax matters before the IRS. Rettig has also served as chair of the IRS advisory council, which serves as a public forum for discussing tax issues with IRS officials.
Rettig has also defended Trump's decision to break with tradition by not releasing his own tax filings during the 2016 presidential campaign.
He wrote for the media outlet Forbes that no "experienced tax lawyer" would tell Trump to release his tax returns amid an IRS audit.
https://www.nytimes.com/aponline/2018/02/08/us/politics/ap-us-trump-irs-commissioner.html
--
Nominations Watch: A Closer Look At Charles Rettig
McGuireWoods LLP
USA January 26 2018
https://www.lexology.com/library/detail.aspx?g=a9c13e7d-f507-4092-a7a7-9bc76ffbe4ca
Charles Rettig would replace John Koskinen, who stepped down in November at the end of his five-year term. | John Shinkle/POLITICO
By TOBY ECKERT and AARON LORENZO
02/08/2018 02:37 PM EST
Updated 02/08/2018 04:19 PM EST
[...]
Rettig's nomination would break 20 years of precedent in which IRS leaders have come to the top job from business and management backgrounds. His knowledge of the nuances of tax law is likely to come into play as the agency issues dozens of rules to guide corporations and individuals navigating the tax overhaul that took effect Jan. 1. The agency must implement deep tax cuts as well as numerous far-reaching changes to the tax code.
But the IRS is saddled with outdated technology that could make that job more difficult. Its budget has been cut repeatedly in recent years by Republicans still angered by the agency’s previous targeting of conservative political groups for extra scrutiny when they applied for tax-exempt status.
The agency is also fighting an onslaught of tax-return fraud related to identity theft.
https://www.politico.com/story/2018/02/08/trump-nominates-tax-lawyer-to-head-irs-330586
Posted specifically to the sixth down in yours, in which InfoWar's Michael puts Michael Snyder as a congressman keen on abolishing the IRS.
--
Trump Picks California Lawyer to Head IRS
By THE ASSOCIATED PRESSFEB. 8, 2018, 2:01 P.M. E.S.T.
WASHINGTON — President Donald Trump's pick to lead the IRS is Charles Rettig, a tax lawyer from Beverly Hills, California.
If the Senate confirms him as head of the government's tax collection agency, Rettig would administer the Republican tax code overhaul. He has represented thousands of individuals and companies in civil and criminal tax matters before the IRS. Rettig has also served as chair of the IRS advisory council, which serves as a public forum for discussing tax issues with IRS officials.
Rettig has also defended Trump's decision to break with tradition by not releasing his own tax filings during the 2016 presidential campaign.
He wrote for the media outlet Forbes that no "experienced tax lawyer" would tell Trump to release his tax returns amid an IRS audit.
https://www.nytimes.com/aponline/2018/02/08/us/politics/ap-us-trump-irs-commissioner.html
--
Nominations Watch: A Closer Look At Charles Rettig
McGuireWoods LLP
USA January 26 2018
https://www.lexology.com/library/detail.aspx?g=a9c13e7d-f507-4092-a7a7-9bc76ffbe4ca
It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
