Word: auditing
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...which independents can report directly to the Federal Energy Office any fuel shortages or price gouging. In still more concessions, the Administration also put a freeze on the retail price of diesel oil until March 1, exempted truckers from the ban on Sunday fuel sales, and promised a "full audit of the oil industry...
...committee staff referred specifically to the case of Robert W. Greene of Newsday, reporting that "his return was not audited by the Internal Revenue Service but rather by New York State," adding that "the staff has talked with Mr. Greene, the New York revenue agent who audited Greene's state return, and other people in the New York State department of taxation and, as a result, believes that his audit by New York State was unrelated to his being classified as a White House 'enemy...
...there was no escape for the President. In Washington, the Internal Revenue Service announced a new audit of his recent federal tax returns. Presumably, IRS officials were probing the validity of the $570,000 write-off that Nixon claimed for the gift of his vice-presidential papers as well as whether he should have paid capital gains taxes on the sale of part of his San Clemente property. In addition, both the IRS and Congress's Joint Committee on Internal Revenue Taxation, which Nixon designated as the final arbiter of his tax problems, were investigating possible fraud...
...Audit. For all the activity, however, Richard Nixon was in fact on vacation. Most of the week he stayed secluded behind the walls of the windswept presidential compound. Some days he did not even walk the 100 yds. from his Spanish-style house to his office; often he would telephone members of the skeleton staff that accompanied him to California rather than meet with them in person. He spent a quiet New Year's Eve with Wife Pat and Daughter Tricia, then devoted the next day to watching televised bowl games with his close friend Charles G. ("Bebe") Rebozo...
...Nixon realize but not report a capital gain on the sale of 23 acres of his San Clemente property in 1970? The White House has admitted that the President's financial advisers differ on this point. Coopers & Lybrand, the firm called in recently to audit NIXon's accounts, figured that he had a capital gain of $117,370. But Nixon followed the counsel of his usual tax accountant, Arthur Blech, who reckoned that there was no gain. Blech made some admittedly arbitrary valuations of the 5.9 acres of property and the grand house that Nixon retained...