Page 15 - Audit Process News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To try to get access from the president's tax returns. and that's caught up in the courts. is there any reason given that ongoing proceeding that he might not want subpoena the whistle-blower because that might interfere in his legal prospects there? >> i don't know. they've had an opportunity to talk to the whistle-blower ininformally and what they wanted to do was just get a transcript, a sworn statement from the whistle-blower, so maybe there is something about what they know. so far that litigation seems to be going well. they had a hearing in november where there was a motion to dismiss b...

Whistleblower because that might interfere in his legal prospects there? >> i don't know. they've had an opportunity to talk to the whistleblower informally and what they wanted to do was just get a transcript, a sworn statement from the whistleblower, so maybe there is something about what they know. so far that litigation seems to be going well. they had a hearing in november where there was a motion to dismiss by the irs and the judge expressed skepticism, so perhaps it appears to the ways and means committee things are going on track and they don't want to do anything to disrupt it at this...

Filing requirements in new york. >> fascinating. talk about, say the president does move. right? still has real estate holdings in new york state. wouldn't that come into play? >> exactly. >> still has to pay those taxes and be responsible tofor that a well? >> absolutely. yes. we tax people, even non-residents if they earn income in new york and one of the ways of earning income is through real estate. even though he's a floridian, assuming he would absolutely have to file new york returns to reflect his new york state real estate holdings. >> also as i understand it, an audit process. not, c...

Real concerns about how the presidential audit process was going along. the chairman of your committee richard neil wrote a letter about that detailing it to treasury secretary mnuchin. quote, the committee received an unsolis sated communication from a federal employee setting forth credible allegations of evidence of possible misconduct, specifically potentially efforts to influence that mandatory audit program. this is as your committee is working to obtain the president's tax returns related to the audit process. anything you can tell me about that? and any update on whether that whistle-b...

Taxpayer-financed ones at the justice department and his personal attorneys, trying to delay this indefinitely. and what appears to be a very significant development, the committee focused in on the audit process and now apparent additional evidence that that audit process, which is just a matter of irs procedure, not a statute, that that audit process could be jeopardized by interference from the trump administration. >> it has become traditional in the irs for the president and the vice president, for their tax returns to be automatically audited by the irs. this has been going on for deca d...