Tag: Audits

We now know that at least three IRS offices were involved in the targeting of conservative groups seeking tax-exempt status.

Investigating the IRS partie deux

We now know that at least three IRS offices were involved in the targeting of conservative groups seeking tax-exempt status.

The Washington Post reported today the IRS Washington, D.C. headquarters sent questionnaires to conservative groups asking about their donors and other areas of their operations while the El Monte and Laguna Miguel offices in California did the same with tea party affiliated groups.

This takes the investigation of IRS activities well beyond the initial claim that some low level functionaries in the Cincinnati office were to blame.

According to the article, an employee in the Cincinnati office told a lawyer representing one of the targeted groups that its application was “under review” in Washington.

Interestingly, it was George W. Bush appointed IRS Commissioner Douglas Shulman who told a Congressional committee in spring 2012 that no targeting was occurring. Shulman resigned in November 2012.

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Awendaw’s Missing Money Partie Deux

According to a source with significant knowledge of the town’s finances who spoke on conditions of anonymity, Nichols had done audits of four prior years, all at the same time, after the S.C. Municipal Association had gotten the town’s financial records in order. The town, reportedly, had not had audits performed on an annual basis since the 2002-03 time frame.

Mr. Nichols reported nine significant deficiencies with town records. The lack of documentation and the lack of internal controls led Nichols to issue an adverse opinion on the audit.

According to the source, 41 percent of the town’s transactions were not approved with 30 percent of the funds spent not approved, a sum of over $200,000, according to our source.

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