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Congressman hires firm to probe rental tax

17 Nov 2008, AccountancyAge.com, AccountancyAge

http://www.accountancyage.com/aa/news/1770382/congressman-hires-firm-probe-rental-tax

A congressman who oversees tax writing legislation in the US has hired forensic accountants to scrutinise his tax affairs, amid suggestions he has failed to pay taxes on some of his rental income.

House Ways and Means committee chairman Charles Rangel has selected accounting firm Watkins, Meegan, Drury & Co to do forensic accounting on his tax returns and congressional disclosure forms, webCPA.com reported.

He has been under fire in recent months after reports that he failed to pay taxes on nearly $75,000 (£50,000) in rental income from a vacation property he owns in the Dominican Republic.

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