Trump tax audits required by IRS were delayed, panel says

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Trump tax audits required by IRS were delayed, panel says
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There was no suggestion that Trump, who has announced a third presidential run, sought to directly influence the IRS or discourage the agency from reviewing his tax information. But the report found that the audit process was “dormant, at best.”

released by Congress’ nonpartisan Joint Committee on Taxation also found repeated faults with the IRS’s approach toward auditing Trump and his companies.

The reports released Tuesday renewed scrutiny on one of the biggest questions that has surrounded Trump since he shifted from a reality television star to an unlikely presidential candidate: Why did he abandon the post-Watergate tradition of White House hopefuls releasing their tax returns? Trump and those around him have consistently said that IRS audits prevented him from doing so.

“What happened?” said Steven Rosenthal, senior fellow at the Urban-Brookings Tax Policy Center. “If it was not resolved, the IRS stalled. If it was resolved in Trump’s favor, then maybe the IRS rolled over and played dead. That’s what we have to find out.” Democrats argue that the IRS is ill-equipped to audit high-income, complex tax returns, and instead targets filers in lower-income brackets — something they have tried to remedy with their work on the panel.

The committee’s move represents yet another challenge for Trump. Just a day earlier, the House Jan. 6 committee voted to make a criminal referral to the Justice Department for Trump’s role in sparking the violent insurrection at the U.S. Capitol. He’s also facing an intensifying investigation in Atlanta for efforts to overturn the 2020 election results in Georgia.

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