“...continuous audit for decades...”.
You have two choices here: either Trump is lying about being audited continuously, or there is something on his returns that isn’t “right”.
The IRS has a policy not to audit anyone for more than 3 consecutive years UNLESS they find something wrong on those returns. So, as I said, Trump is lying about the audits, or the IRS is finding things wrong on his returns.
Not true. The IRS has an agenda, have you been in the dark? Acting like they are the good guys after what they did to the conservative PACs & Jewish organizations is just disingenuous.
IRS concentrate on audit high $ returns because that’s where the money is. They try and force you to use the tax calculation method that will net them the most $ even if there are other legal methods and the courts have found that you are entitled to use the method that generates the least tax. Its ridiculous to pretend that multiyear audits are not common. There is advice on how to manage them on every tax lawyer blog.
One example:
Multiyear Tax Audits – How to Try to Contain a Tax Audit
Unfortunately, sometimes during a tax audit you may have an overeager IRS, EDD, BOE, or FTB agent who is trying to find any issue they can with your tax return information in order to try to expand the audit. This is called “mushrooming” and it occurs when the audit for one or two years is expanded into a multi-year audit. While there is no way to definitively prevent an audit from mushrooming, there are ways to try to limit the audit from expanding.
So; vote for cruz if you want to.
IRS policy in the age of Lois Lerner?
Thanks for the laugh.