Friday, May 15, 2009
From President Obama's Arizona State commencement address (at the 3:10 mark):
President Crowe and the Board of Regents will soon learn all about being audited by the IRS
See Pub. L. No. 105-206, § 1203, 112 Stat. 685 (1998); Boris I. Bittker & Lawrence Lokken, Federal Taxation of Income, Estates, and Gifts ¶ 110.1.6 (“[T]he Commissioner of Internal Revenue shall terminate the employment of any employee of the Internal Revenue Service if there is a final administrative or judicial determination that such employee … threaten[ed] to audit a taxpayer for the purpose of extracting personal gain or benefit.”).