This story was based on an article published by the daily upside, if you enjoy business stories like this one make sure to sign up to their free email newsletter at In the greatest UNO reverse card of all time, the IRS is getting audited.
The department is getting a taste of it’s own medicine thanks to the U.S Treasury Inspector General for Tax Information.
The investigation is looking into the cozy relationship between tax agents and major financial firms, with many instances of people jumping back and forth between the two opposing factions multiple times over their careers.
Talking about the time you audited a KPMG client doesn’t go over too well in a job interview at KPMG.
The tipoff was that each agency incentivizes whistleblowers with a cut of the money recovered by the government as a result of tips.
Both have paid out roughly a billion dollars each but the IRS bounty system has been operating for an additional three years, raising some questions of whether their agents are looking the other way on certain issues.
This story was based on an article published by the daily upside, if you enjoy business stories like this one make sure to sign up to their free email newsletter.
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