Big Companies to See IRS Audit Relief Under Trump Hiring Freeze

The largest and most complex companies will likely catch a break from the IRS with the Trump administration’s new hiring freeze.

President Donald Trump Monday signed an executive order putting a stop to hiring across the federal government for up to 90 days until Office of Management and Budget officials along with the new government efficiency office submit a plan to shrink the workforce.

The freeze will then lift for all agencies—except the IRS. The memo requires the Treasury Secretary to consult with other officials to determine if it is in the “national interest to lift the freeze,” the order ...