Bloomberg Law
Dec. 22, 2022, 9:45 AMUpdated: Dec. 22, 2022, 10:46 AM

IRS Presidential Audit Process Under Fire Amid Trump Tax Report (1)

Chris Cioffi
Chris Cioffi
Senior Reporter
Samantha Handler
Samantha Handler
Reporter
Naomi Jagoda
Naomi Jagoda
Senior Reporter

A dormant process and a lack of manpower to vet the monster tax return of a businessman-turned-politician raises new questions about IRS’ ability to audit presidential tax returns.

Ways and Means Committee Chairman Richard Neal (D-Mass.) Tuesday capped off a multi-year legal saga to obtain and examine years of former President Donald Trump’s tax returns. Democrats lauded the committee’s work as a win for transparency, arguing that the new House report exposes deep concerns on how the IRS handles and executes presidential audits and could pave the way for future safeguards.

House Democrats worked at breakneck speed to analyze ...

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