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Tax  |  February 11, 2022
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Capitol Hill briefing.
 

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Upcoming hearings will examine economic impact of infrastructure spending, tax filing season

adCongressional taxwriting leaders this week announced plans for hearings on “the economic impact of infrastructure spending” and challenges facing the IRS and taxpayers in the current tax filing season.

 

Infrastructure spending

 

House Ways and Means Select Revenue Measures Subcommittee Chairman Mike Thompson, D-Calif., announced that his panel will delve into “the economic impact of infrastructure spending” at a hearing scheduled for February 15.

 

The session follows the enactment last November of the Infrastructure Investment and Jobs Act (P.L. 117-58), which provides for roughly $550 billion in new spending over five years for “hard” infrastructure projects such as transportation, roads and bridges, broadband, and utilities.

 

Witnesses for the hearing had not been announced at press time.

 

Tax filing season challenges

 

Across the Capitol, Senate Finance Committee Chairman Ron Wyden, D-Ore., announced that his panel will hold a hearing on February 17 to examine “the tax filing season and IRS customer service challenges.”

 

Witnesses will include National Taxpayer Advocate Erin Collins, Jessica Lucas-Judy of the Government Accountability Office, and Jan Lewis of the American Institute of CPAs.

 

The House Ways and Means Oversight Subcommittee held its own hearing with Collins this week to discuss the filing season. (See separate coverage in this issue for details.)

 

—

Storme Sixeas and Michael DeHoff

Tax Policy Group

Deloitte Tax LLP

 



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In this issue

Congress set to punt government funding deadline to March 11 as spending leaders close in on larger-scale spending deal

House taxwriters debate role of IRS budget cuts in 2020 processing backlog

MacBride confirmed as Treasury’s top lawyer

Upcoming hearings will examine economic impact of infrastructure spending, tax filing season



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