- Tue Mar 03, 2015 9:06 am
#54955
On the question of reconsidering the agency’s interpretation of the rules, Koskinen said the IRS would not. “At your request, we have reviewed the relevant statutes and legislative history, and we believe the 2000 CCA is correct.”
Clearly displeased by the IRS finding, Grassley said in a statement released Monday that he planned to take action, despite the fact that the issue is moot for the time being because a federal judge has temporarily blocked the administration from implementing the president’s plan.
“An estimated five million people in the country illegally will remain here under the President’s executive action,” Grassley said. “Given the IRS’ interpretation of tax rules intended to prohibit undocumented workers from qualifying for the EITC, these individuals will be eligible to claim billions of dollars in tax benefits based on earnings from unauthorized work in the United States. With the stroke of a pen, the President rewarded those working illegally in the United States with a tax benefit that is designed to encourage low-income individuals to enter the workforce.”
Grassley continued, “Given that the IRS is intent on standing by its present interpretation of the eligibility requirements, I’m working on legislation to uphold an important principle that many of us in Congress support. The tax code shouldn’t reward those who broke our
Clearly displeased by the IRS finding, Grassley said in a statement released Monday that he planned to take action, despite the fact that the issue is moot for the time being because a federal judge has temporarily blocked the administration from implementing the president’s plan.
“An estimated five million people in the country illegally will remain here under the President’s executive action,” Grassley said. “Given the IRS’ interpretation of tax rules intended to prohibit undocumented workers from qualifying for the EITC, these individuals will be eligible to claim billions of dollars in tax benefits based on earnings from unauthorized work in the United States. With the stroke of a pen, the President rewarded those working illegally in the United States with a tax benefit that is designed to encourage low-income individuals to enter the workforce.”
Grassley continued, “Given that the IRS is intent on standing by its present interpretation of the eligibility requirements, I’m working on legislation to uphold an important principle that many of us in Congress support. The tax code shouldn’t reward those who broke our
