Trump hates being audited by the IRS. Funny fact, if he’s elected President his taxes will be audited every year he’s in office.

Tax audits are in the news more than usual this year, since Donald Trump says the fact that he’s being audited by the IRS prevents him from releasing his returns as part of his quest for the presidency.

But if being audited blocked the release of a tax return, we never would have seen Barack Obama’s or George W. Bush’s or Bill Clinton’s or any other recent president’s. Even Richard Nixon released his returns while they were being audited (the fact that that return led to the House Judiciary Committee approving an Article of Impeachment against Nixon is another story).

Why? Because when it comes to the odds of being audited, one thing is crystal clear: If you’re living in the White House, your odds are 100%. The returns of the president (and the veep) get the going over every year, as required by section 4.2.2.11 of the Internal Revenue Manual.

kiplinger.com