TAX TAKE: Tax Officials in Washington Making Big Jumps
There have been several key tax personnel developments in the last week in Washington that will impact how the tax policy and regulatory agenda advances this year.
Starting on Capitol Hill:
- Bobby Andres is now the lead tax advisor for Senate Majority Leader Chuck Schumer (D-NY). Bobby is a veteran of the Senate Finance Committee Democratic tax staff, where he was most recently chief tax advisor for Chairman Ron Wyden (D-OR). Bobby played a key role developing the clean energy provisions in the Inflation Reduction Act and the advanced manufacturing investment credit included in the CHIPS Act. Due to the increased influence of Congressional leadership in the development of tax packages in recent years, expect Bobby to play a key role shaping any tax legislation that develops in 2023 and beyond.
- Sarah Schaefer is being promoted to chief tax advisor for Chairman Wyden, where she will lead the Finance Committee's Democratic tax team. Sarah has worked for the Committee for almost six years and has significant tax expertise in passthrough and small business issues.
Moving from the Capitol 10 blocks down Pennsylvania Avenue:
As we wrote last week, the Senate Finance Committee recently held a confirmation hearing for Daniel Werfel, President Biden's nominee to be the next IRS Commissioner, where senators raised several tax administration issues. We expect Chairman Wyden to move the nominee out of committee in March, after which he will await floor consideration.
As Tax Take readers solidify their 2023 priorities, you will want to consider engaging these key officials who will surely play a lead role shaping the upcoming tax agenda in Washington. #TaxTake
Upcoming Speaking Engagements and Events
Loren, Marc, and Jorge will all be speaking at the Federal Bar Association 2023 Tax Law Conference. Marc and Jorge will moderate "Floyd's Panel: 2023 Tax Legislative Update," on March 3. Loren will present the virtual program "The OECD Pillars: Buckle Up!" on March 6.
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