Reply #160: ;yeah there's no "cap" it says "at least 2%" [View All]

[Land Shark]

but the audits are on a "for profit" contracting basis. Although activist groups in theory can bid on them, they will have to meet all govt contracting requirements, which may disqualify them, and the contracts may be offered in pieces (or huge chunks) that are outside the scope of what activists want to do.

Anyway, if you are required to work until 5 p.m. to get your paycheck, but in order to have the work done just right you have to work until 8 p.m., what percentage of "for profit" employees work til 8 p.m.? (no danger of being fired here, because a statute controls and says you work until "at least 5"

This is analogous to the govt contracting process for audits. They require at least 2% but 2 will do the job, though statistically valid audits will require substantially more in many states. (though not all, necessarily) How many for profit auditors will do us the favor of a statistically valid audit?

Will activist groups risk their tax exemption by engaging in for profit audits?

If they do so separately, what arguments will likely be made about the motivations of activist groups, even though false?