Talk of The Villages Florida - View Single Post - Orlando Sentinel what-ifs for The Villages IRS fight
Thread: Orlando Sentinel what-ifs for The Villages IRS fight
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Old 06-06-2009, 09:50 AM
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Default Reply to Saratogaman
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Originally Posted by saratogaman View Post
This IRS effort was started during the Bush administration...so I don't think it's political at all.
You are right. As I have said in a previous post, this audit is part of a nationwide IRS program to crackdown on perceived abuses in the issuance of municipal bonds. That program has been going on for a few years now. The speculations, in some posts to this site, that the present situation with the VCCDD is the result of politics or an IRS agent gone wild (although the tone of his latest letter did strike me as somewhat unprofessional) are off the mark.