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Since other agencies and corporations can get audited by the IRS, I was wondering if someone actually audits the Internal Revenue Service and all their files to make sure they are following procedure and keep accurate records. If so, who does the audit? The Department of Treasury? The CIA?

2007-04-16 12:00:12 · 4 answers · asked by radioactive_babywipes 3 in Business & Finance Taxes United States

4 answers

Federal Oversight Organizations

GAO

The Government Accountability Office (GAO) is an agency that works for Congress and the American people. Congress asks GAO to study the programs and expenditures of the federal government. GAO, commonly called the investigative arm of Congress or the congressional watchdog, is independent and nonpartisan. It studies how the federal government spends taxpayer dollars.

OMB

The Office of Management and Budget (OMB) assists the President in the development and implementation of budget program, management and regulatory policies. It conducts in-depth regulatory review of significant rules proposed by federal agencies as well as promotes best practices management across the federal government.

TIGTA

The Treasury Inspector General for Tax Administration (TIGTA) provides audit and investigative services that promote economy, efficiency and integrity in the administration of the internal revenue laws.

http://www.irs.gov/irs/article/0,,id=137824,00.html

2007-04-16 12:13:13 · answer #1 · answered by Anonymous · 1 0

Do all the paintings for them, tie out all your numbers. make confident that your receipts equivalent the deposits interior the financial institution, or have a vaild rationalization. seem over your return with a specialist for any ability aspects of publicity. likelihood is you have a chum it is an accountant, possibly they might help. in case you probably did not lie then do not sweat it. The agent would be very busy and could choose for to close the case as with out put off as conceivable. I continuously take the placement that while you're making their pastime greater handy they are going to breeze via your stuff. i anticipate you obtain chosen because of the fact the IRS is at present project a small company audit software. From what you defined you have an argument with what's called a pastime loss. Peruse the IRS internet site (WWW.IRS.GOV) - seek for pastime losses. you will might desire to coach which you entered into the corporate with a earnings reason. when you examine the IRS stuff be conscious it is their place, tax courts have ruled against the IRS in many circumstances the place they argued pastime loss. i actual advise you pay a specialist in case you are able to. The IRS agent is lots greater possibly to furnish a CPA/enrolled agent the finished thing concerning to the doubt. it may properly be money properly spent. good success!

2016-12-20 16:37:28 · answer #2 · answered by zissler 3 · 0 0

The Government Accountability Office, also known as the GAO.

They report directly to Congress and are beholden to nobody. If you think an IRS audit is terrifying, you've never been audited by those buggers.

2007-04-16 12:17:33 · answer #3 · answered by Bostonian In MO 7 · 0 0

As a practical matter, nobody. Oh sure the GAO might go in there and kick some tires, but when they find all the outrageous wastes of resources they just start the cover up, political backscratching, etc. No matter what in the end productive people always get boned.

2007-04-16 12:29:50 · answer #4 · answered by Anonymous · 0 2

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