Friday, March 04, 2022

FRONT PAGE NEWS (NOT)
WSJ News Exclusive | IRS Is Audited Over Its Safeguards Against Favored Treatment of Big Business

March 3, 2022


The Internal Revenue Service’s watchdog is examining how the agency guards against favoring large businesses and global companies in compliance matters as part of a broad audit.

The U.S. Treasury Inspector General for Tax Administration, or Tigta, has reached out to people inside and outside the IRS for information since starting work on the audit late last year, according to a person familiar with the inquiry. Among the lines of inquiry is how the IRS handles conflicts of interest and the revolving door between the accounting industry and IRS, the person said.

Source: Wall Street Journal





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