Page 594 - Audit News Today

Room but at the capitol. and the one last standing. alex, elie, thank you so much. nice hearing from both of you. new tonight, the most intensive random audit the irs does. so, what are the odds that not one but two former president trumps perceived political enemies would be targeted? andrew mccabe is one of them. he is here, next.

Without a trace. >> you wanted a documentary record. >> thats right. >> that those investigations had begun. because you feared that they would be made to go away. >> thats exactly right. >> both comey and mccabe would repeatedly be targeted by president trump who assailed them in public and called for their prosecution. the following year, one day before mccabe was scheduled to retire and get the benefits that he had earned on the job, mccabe was fired from the fbi, amid accusations that he had...

Exhausting but can you help us understand how much in an audit like this the irs asks for and how much work it is to provide all of the material that they need? >> so most audits that the irs does are set off by an algorithm or a computer that catches something weird in your return. someone claims a 500,000 square foot home office, something weird, something odd and they send a letter, what is going on with this home office, can you help us clarify that and you have to explain that individual is...

Remember, a lot of people blamed comey for the election of hillary clinton. there are a lot of people that look very negatively on the fbi from this period of time. and these two people who are subjected to these audits. >> the defeat of hillary clinton. the current irs commissioner was appointed to his post by donald trump in 2018. ironically, he had written an op-ed in forbes at one point, saying that he didnt think it was necessary for donald trump to have to provide his personal tax returns....

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Reinstated me last year, a week before this audit was called for, i will point out. i was investigated for two years under a criminal investigation, a completely baseless criminal investigation that ultimately went nowhere and was declined. we are still dealing with the fallout from mr. dirham and whatever it is he is doing. so, it just really feels like this stuff is never going to end, but, you know, we will march on either way. >> do you feel piled on? >> yeah, for sure i do. it is exhausting...

President trump saw as some of his political enemies, his top political enemies, both of them ended up intensively audited by the irs. you might be thinking, ive been audited, its not that crazy. but this particular type of audit is different. according to the new york times, tax lawyers refer to this invasive audit as a, quote, autopsy without the benefit of death. the odds of being selected for that audit in any given year are roughly one out of 30,600. in the end, these audits did not find an...

The agent that i dealt with on my audit was absolutely professional and responsive and handled herself and the whole thing, i thought, very well, so i dont have any concerns about that. it is simply about how was i selected for this? really doesnt seem random when you look at the whole situation. >> have you spoken to james comey about all of this insula and he was audited as well? >> i havent talked to jim. i only learned that he was subjected to the same audit when i was contacted by the repor...

Of the most controversial decisions in the fbis history. remember, a lot of people blamed comey for the election of hillary clinton. there are a lot of people that look very negatively on the fbi from this period of time. and these two people who are subject to these audits. >> the defeat of hillary clinton. the current irs commissioner was appointed to his post by donald trump in 2018. ironically, he had written an op-ed in forbes at one point, saying that he didnt think it was necessary for do...

So that means, producing receipts. in the case of comey there was a question about a printer cartridge that he had bought two years earlier that he had taken a right off on. and whether he could come up with that receipt, or if there was an amex statement to back that up. as you are pointing out, comey had claimed dependence, to show that those dependents existed, that his children actually existed, he had to present a family christmas card. to the irs. a technical means 15 months to get through...