The NY Times - Trump Audit Shows Depths of I.R.S. Funding Woes
22 Dec 2022
WASHINGTON - Before Donald J. Trump became president and after, his exceedingly complex and voluminous tax returns came under regular scrutiny by the Internal Revenue Service. The number of agents assigned to the audit team: one.
After Trump left office, the I.R.S. said it was beefing up the audit team, to three.
The tax agency itself acknowledged that it was still overwhelmed by the complexity of Mr. Trump’s finances and the resistance mounted by the former president and his sophisticated army of accountants and lawyers ...
[The House Ways and Means Committee] reports released this week highlight how depleted the I.R.S. has become in the last decade, as Republicans starved it of funding. ...
That has led to a $7 trillion “tax gap” of revenue over a decade that is owed but goes uncollected, in many cases from superrich taxpayers such as Mr. Trump, who has boasted that he fights to pay as little tax as possible.