{"id":246475,"date":"2025-05-19T01:03:02","date_gmt":"2025-05-19T01:03:02","guid":{"rendered":"https:\/\/peraltafinancing.com\/accounting\/senate-dems-probe-irs-chief-nominee-billy-longs-campaign-donations\/"},"modified":"2025-05-19T01:03:02","modified_gmt":"2025-05-19T01:03:02","slug":"senate-dems-probe-irs-chief-nominee-billy-longs-campaign-donations","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=246475","title":{"rendered":"Senate Dems probe IRS chief nominee Billy Long’s campaign donations"},"content":{"rendered":"


\n<\/p>\n

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\"Billy<\/picture>\n
Billy Long speaking at a Donald Trump campaign event<\/figcaption>

Al Drago\/Bloomberg<\/p>\n<\/p><\/div>\n<\/figure>\n<\/div><\/div>\n

The week before confirmation hearings for President Donald Trump’s nominee for commissioner of the Internal Revenue Service, former Missouri Congressman Billy Long, Democrats in the Senate are asking questions about the timing of campaign donations he received immediately after his nomination.<\/p>\n

In a letter sent last Thursday<\/a><\/ps-link> to seven different companies \u2014 including an accounting firm, a tax advisory services firm, and a financial services provider \u2014 Democratic Senators Elizabeth Warren, D-Massachusetts, Ron Wyden, D-Oregon, and Sheldon Whitehouse, D-Rhode Island, questioned donations that the companies and some of their employees made to Long in the month and a half after his nomination in early December of 2024.<\/p>\n

Between Dec. 4, 2024, and the end of January 2025, the letters said, Long’s unsuccessful 2022 campaign for Senate received $165,000 in donations \u2014 after nearly two years without receiving any \u2014 and his leadership PAC received an additional $45,000.<\/p>\n

The donations allowed Long to repay himself the $130,000 balance of a $250,000 loan he had personally made to his campaign back in 2022.<\/p>\n

(Read more:<\/b> “DOGE downsizing, IRS commissioner switch complicate tax season.<\/i><\/a><\/ps-link>“)<\/p>\n

The senators’ letters described the donations as “a highly unusual and almost immediate windfall,” and characterized many of the donors as being “involved in an allegedly fraudulent tax credit scheme.”<\/p>\n

“The overlap between potential targets of IRS investigations and the list of recent donors heightens the potential for conflicts of interest and suggests that contributors to Mr. Long’s campaign may be seeking his help to undermine or avoid IRS scrutiny,” the letters said; adding, “This brazen attempt to curry favor with Mr. Long is not only unethical \u2014 it may also be illegal.”<\/p>\n

The senators then warned, “There appears to be no legitimate rationale for these contributions to a long-defunct campaign other than to purchase Mr. Long’s goodwill should he be confirmed as the IRS commissioner,” before appending a list of approximately a dozen questions for the donors to answer.<\/p>\n

The donations were originally discovered in early April by investigative news outlet The Lever<\/a><\/ps-link>, which the senators noted in their letters.<\/p>\n

After Long left Congress in 2023, he worked for a tax consulting firm, including promoting the COVID-related Employee Retention Credit. In early January, Sen. Warren sent a letter to Long questioning his tax credentials and promotion of the ERC.<\/p>\n

The IRS has run is now on its fifth acting or regular commissioner<\/a><\/ps-link> since President Trump announced his intention to nominate Long; a number of the commissioners resigned or were removed over policy differences with the administration and its Department of Government Efficiency<\/a><\/ps-link>.<\/p>\n

Long’s confirmation hearing before the Senate Finance Committee is scheduled for this Tuesday, May 20.<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

Billy Long speaking at a Donald Trump campaign eventAl Drago\/Bloomberg The week before confirmation hearings for President Donald Trump’s nominee for commissioner of the Internal Revenue Service, former Missouri Congressman Billy Long, Democrats in the Senate are asking questions about the timing of campaign donations he received immediately after his nomination. In a letter sent […]<\/p>\n","protected":false},"author":1,"featured_media":246476,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11759],"tags":[33315,13503,3576,40796,17703,65011,14221,90292,18124,13832,90291,21482,7356,12903],"dealstore":[],"offerexpiration":[],"class_list":["post-246475","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-accounting","tag-billy","tag-campaign","tag-chief","tag-dems","tag-donations","tag-elizabeth-warren","tag-irs","tag-longs","tag-nominee","tag-probe","tag-ron-wyden","tag-senate","tag-tax","tag-trump-administration"],"yoast_head":"\nSenate Dems probe IRS chief nominee Billy Long's campaign donations - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=246475\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Senate Dems probe IRS chief nominee Billy Long's campaign donations - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Billy Long speaking at a Donald Trump campaign eventAl Drago\/Bloomberg The week before confirmation hearings for President Donald Trump’s nominee for commissioner of the Internal Revenue Service, former Missouri Congressman Billy Long, Democrats in the Senate are asking questions about the timing of campaign donations he received immediately after his nomination. 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