Tag #Employee Retention Tax Credit

What specific concerns regarding Billy Long's qualifications to lead the IRS are raised by Senator Warren, and what is the potential impact on the agency's effectiveness?

Billy Long, President-elect Donald Trump's nominee to lead the IRS, faces scrutiny over his qualifications. Senator Elizabeth Warren highlights Long's lack of tax experience and his promotion of the Employee Retention Tax Credit (ERTC), a program plagued by fraud. Warren's letter to Long requests clarification on his ERTC-related activities and his self-proclaimed "certified tax & business adviser" designation, obtained through a brief three-day training.