IRS Promises Timely Execution of Child Tax Credit Changes
During a House Ways and Means Committee hearing, IRS Commissioner Danny Werfel assured lawmakers of the IRS’s ability to promptly implement changes to the Child Tax Credit once the Tax Relief for American Families and Workers Act, currently stalled in the Senate, is passed. Werfel committed to a six to 12-week timeline for implementation, emphasizing the agency’s dedication to expediting the process. Despite potential budget cuts posing challenges, Werfel highlighted improvements in IRS services, including expanded walk-in centers and increased phone support, made possible by additional funding. Werfel also defended the voluntary Direct File tax prep program, noting its progress in the ongoing pilot phase.
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