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Transcripts For CSPAN2 IRS Commissioner Charles Rettig Testifies Before House Ways Means... 20240711

965. Accordingly, am joined by members here as well as approximately ten members on a remote platform. Thats outstanding and i want to thank everyone for joining us. Before we turn to todays important topic, want to remind the members of a few procedures to help us navigate this arrangement here. [inaudible]. For those participating virtually, to eliminate background noise. [inaudible]. So we will pause for one moment. Members are responsible for using themselves and getting themselv or when recognized for the five minutes. Membs here in the hearing room alsoeminded to keep your microphones. When you are not recognized. Second, a members participating virtually, you must have amazon at allimes. If you need step away from the proceedings, please leave your cameras on. Rather than logging out. And 30, we will dispense wh our practices of observing the gibbons role and go in order of seniority for questioning. Alternating between the minority and majority beginning with members of the ove

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Transcripts For CSPAN Treasury Secretary Mnuchin Small Business Administrator Testify On Small... 20240712

Authorized to declare a recess at any time. I want to thank everyone, especially our witnesses, for joining us today for our committees hearing. I want to make sure to note some important requirements. By saying standing house and Committee Rules and practice will commit continue to apply through hybrid proceedings. Regulations require members to be visible through a video connection throughout the proceedings. Please keep your cameras on. Member to remain muted until you are recognized to minimize background noise. In accordance with the rules established under hr 965, stafford been advised to meet participants only in the event there is inadvertent background noise. For those members here in the room, i urge members and staff to wear masks while in the hearing room. I thank you in advance for your commitment to a safe environment for all here today. Mnuchin, administrator carranza, thank you for being here today. I want to give a sincere thank you of both agencies who have worked tir

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Transcripts For CSPAN Senate Hearing On COVID-19 The IRS 20240712

On cspan, online at cspan. Org and listen live on the free cspan radio app. The commissioner of the irs testified before the Senate Finance committee on the impact of the coronavirus on the 2020 taxis and including efforts season including efforts to help taxpayers and Small Business. This is just over two hours. [gavel] sen. Grassley commissioner rettig, thank you for agreeing to testify on 2020 tax Filing Season and the irs handling of challenges that are posed because of the pandemic. The 2020 Filing Season got off to its typical start at the end of january. However since then, this Filing Season has been anything but typical. As a result of the National Health emergency stemming from the ongoing pandemic, almost all regular tax filing and tax payment deadlines have been extended. This includes the individual and Corporate Income tax filings and payment deadlines which were pushed back from the normal april 15 to july 15. There is some rumors it might be extended again. I dont know.

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Transcripts For CSPAN Treasury Secretary Mnuchin Small Business Administator Testify On Small... 20240712

I want to make sure to note some important requirements. Let me begin by saying that standing house and Committee Rules and practice will continue to apply during hybrid proceedings. House regulations require members to be visible through a video connection throughout the proceedings. So please keep your cameras on. Remember to remain muted until you are recognized to minimize background noise. In accordance with the rules established under hr 965, staff has been advised to mute participants only in the event there is inadvertent background noise. For those members here in the room, i urge members and staff to wear masks while in the hearing room. I thank you in advance for your commitment to a safe environment for all here today. Secretary mnuchin, administrator carranza, thank you for being here today. Let me start by saying, i want to give a sincere thank you of to all of the staff of both of your agencies who have worked tirelessly over the last few months responding to the crisis.

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Transcripts For CSPAN Senate Hearing On COVID-19 The IRS 20240712

Filing season and the irss. Andling of challenges at the 2020 Filing Season got off to a typical start. Since then, this Filing Season as been anything but typical a result of the National Health emergency stemming from the ongoing pandemic. Almost all regular tax filing and tax payment deadlines have been extended. This includes the individual and Corporate Income tax filings and payment deadlines, which were pushed back from the normal april 15 to july 15. There are some rumors they might be extended again. I dont know. I have heard that at least once. Extendedhese deadlines, the tax Filing Season continues with many taxpayers still filing taxes as usual to get their tax refund. At the same time, consistent with the Government Shutdown orders and cdc guidance, the irs limited much of its work to essential services, closed a number of facilities, and instituted telework policies where practical. Shortstaffed irs during the busiest time of the year. Understandably, that meant to taxpay

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