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

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

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 ...