Scandal Involving the IRS

  

The recent scandal involving the IRS and politically targeted audits has been well covered by mainstream media. I wasn’t even going to write about but for 3 emails from past and present clients. The details of the present scandal are fairly easy to summarize:

1) The IRS targeted conservative and “Tea Party” aligned groups for audit;

2) The IRS lied about the audits when confronted by Congress;

3) People very high up in the IRS knew what was going on; and

4) The Treasury Inspector General still has not figured out who ordered the audits or “special treatment.”

I won’t belabor those points. Look no further than the New York Times for some excellent reporting. What we will try to do, however, is discuss the rest of the story. (Pay attention Senator Warren!)

The information provided herein is not intended as legal, accounting, financial or any type of advice for any specific individual or other entity. You should contact an appropriate professional for any such advice.