I get the intent here, but it’s a really bad comparison. It’s certainly easy to get confused about without base level awareness of finance and accounting things.
The DoD is a government cost center. It doesn’t generate revenue. Therefore nothing to tax. Meaning nothing for the IRS to audit.
That’s why the federal government has other audit authorities and often contracts independent auditors to help. Those people are auditing department spending and assets related though. This type of audit is not to check if taxes are owed. It’s more like making sure the department bank account is correct to keep this simple.
I also want to add that many landlords were beginning to demand that their tenants pay with venmo, or other e-payment services, and those leeches need to pay their taxes.
Which the IRS has acted on, and most these platforms have to send documents to the IRS for anyone that crosses a certain threshold. They are going to have to prove it isn’t income or claim it.
I found this article on the audit. It’s also about boring but necessary things like stockpile management, automation, climate risk, and bookkeeping. It’s broken into 30 sub-audits. It sounds like all of these must be fully passed as “clean” for an audit to not be considered failing.
I get the intent here, but it’s a really bad comparison. It’s certainly easy to get confused about without base level awareness of finance and accounting things.
The DoD is a government cost center. It doesn’t generate revenue. Therefore nothing to tax. Meaning nothing for the IRS to audit.
That’s why the federal government has other audit authorities and often contracts independent auditors to help. Those people are auditing department spending and assets related though. This type of audit is not to check if taxes are owed. It’s more like making sure the department bank account is correct to keep this simple.
This. Congress is in control of auditing the Pentagon.
The most the IRS would do would be auditing the incomes of people who work at the Pentagon.
Badly put together meme.
I also want to add that many landlords were beginning to demand that their tenants pay with venmo, or other e-payment services, and those leeches need to pay their taxes.
Which the IRS has acted on, and most these platforms have to send documents to the IRS for anyone that crosses a certain threshold. They are going to have to prove it isn’t income or claim it.
I found this article on the audit. It’s also about boring but necessary things like stockpile management, automation, climate risk, and bookkeeping. It’s broken into 30 sub-audits. It sounds like all of these must be fully passed as “clean” for an audit to not be considered failing.
Yep, I’m not sure why folks think this is anything more than some company lost a gas mask somewhere. It’s me… I’m the problem it’s me.
s/IRS/GSA/