Biden names pick for new IRS head as agency plans for $80 billion funding, wrestles with backlog

Biden names pick for new IRS head as agency plans for  billion funding, wrestles with backlog


The Internal Revenue Service building in Washington.

SAUL LOEB/AFP via Getty Images

New role a ‘challenging assignment,’ former IRS commissioner says

Biden’s nomination comes at a critical time for the agency. After another difficult filing season, the IRS is still wrestling with a backlog. As of Nov. 4, there were 4.2 million unprocessed individual returns received this year, according to the agency.  

“I look at the numbers and see millions of taxpayers that are still waiting for their returns to be processed,” wrote National Taxpayer Advocate Erin Collins in a blog post Thursday. “Tax refunds are a lifeline for some taxpayers and important for almost all.”

Mark Everson, a former IRS commissioner and current vice chairman at Alliantgroup, said it’s a “challenging assignment,” and hopes for a swift confirmation from Congress.

“They need to get somebody in place promptly because the services are still inadequate, there are major questions on data security and the filing season is fast approaching,” said Everson, who served the agency under President George W. Bush.  

Treasury announces new series of I Bonds at 6.89%

Yellen in August outlined top priorities for the $80 billion in IRS funding, including clearing the backlog, improving customer service, overhauling the agency’s technology systems and hiring IRS employees to replace retiring workers.

While the influx of IRS funding has been controversial among some Republicans, Everson expects to see transparency during future hearings as the agency irons out spending plans.   

“Tax administration has become too much of a political issue,” he said. “My hope is that [Werfel] will be able to dial that down a little bit and just talk about what’s working, what’s not working and what needs to be fixed.”

IRS Commissioner Charles Rettig’s term with the agency ends Saturday.



Source

Birkin bag prices are sinking at auction despite high-profile sales
Business

Birkin bag prices are sinking at auction despite high-profile sales

Close-up detail view of a gray Hermes Birkin bag in grained leather, during a street style fashion photo session, on October 28, 2025 in Paris, France. Edward Berthelot | Getty Images Entertainment | Getty Images Despite two recent blockbuster auctions for Birkin bags, overall auction prices for the iconic Hermès handbags are falling, according to […]

Read More
As catastrophe losses top 0 billion again, insurers are helping policyholders mitigate risk
Business

As catastrophe losses top $100 billion again, insurers are helping policyholders mitigate risk

Climate catastrophes like wildfires and severe storms have become more frequent and damaging in the U.S., accounting for 83% of the estimated global insured losses of $107 billion in 2025, according to a new report from Swiss Re Institute. This is the sixth consecutive year that global insured losses have surpassed $100 billion.   The Los […]

Read More
Kraft Heinz taps former Kellanova CEO Steve Cahillane to lead company ahead of breakup
Business

Kraft Heinz taps former Kellanova CEO Steve Cahillane to lead company ahead of breakup

Kraft Heinz announced plans to split into two separately traded companies, reversing its 2015 megamerger, which was orchestrated by billionaire investor Warren Buffett. Justin Sullivan | Getty Images News | Getty Images Kraft Heinz on Tuesday announced that former Kellanova CEO Steve Cahillane will lead the company ahead of its planned split next year. Cahillane […]

Read More