The House on Thursday passed a bill that would require annual audits of the president’s tax returns, codifying IRS policy after a congressional committee revealed that the agency did not audit former President Trump during two years he was in office. The legislation, titled the Presidential Tax Filings and Audit Transparency Act, passed in an 222-201 vote. IRS policy requires that sitting presidents are audited every year — which has been the case since 1977 — but the terms are outlined in the agency’s regulatory manual, not federal law. The bill at hand would codify those terms into law. The House took up the bill after the House Ways and Means Committee voted on Tuesday to rele
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