Wednesday, July 17, 2013
The House Small Business Committee holds a hearing today on The Internal Revenue Service and Small Businesses: Ensuring Fair Treatment:
On May 14, 2013, the Department of the Treasury's Inspector General for Tax Administration (TIGTA) issued a report which found that the IRS used inappropriate criteria that identified for review conservative organizations that had applied for tax-exempt status based on their names or policy positions. Recent investigations by Congress have raised additional questions about the IRS's improper targeting of non-profit organizations, and whether the IRS may have also targeted small businesses for additional scrutiny or audits. This hearing will be an opportunity for members to question the Acting IRS Commissioner about how the agency selects, classifies and audits the returns of small businesses.