Question: Is it even possible for DT to transfer assets while undergoing an audit?

[Freelancer]

Isn't there something forcing assets to stay in place until things are settled? I don't know -- seriously asking.

Thanks!

[Sanity Claws]

1. Yes you can transfer property while an audit of income tax returns is going on

You seem to be confusing audit of tax returns with bankruptcy. If you are in bankruptcy, you can't just transfer property without permission.

[etherealtruth]

2. Yes, you can also release your tax returns to the public

[Freethinker65]

3. Yes, the audit is for previous years transactions.

[Jersey Devil]

4. You really think there is an audit?

I'm betting that is just another lie. But even if there is one, that would not prevent anyone from transferring assets.

[2naSalit]

5. Didn't the IRS say he wasn't being audited?

[KamaAina]

6. Or while he's underwater?

[jberryhill]

7. Even if there was an IRS audit...

...there is nothing requiring anyone to put their financial dealings on hold while the IRS reviews previous years' filings.

[kentuck]

8. I read somewhere else...

that he may be deep in debt on a lot of his properties and holdings? And that it is not possible to divest of debt?

[LeftInTX]

9. For awhile, my dad was always being audited

Business as usual. It was just a bunch of time consuming, red tape for him. (He did his taxes himself and I don't know why he kept getting audited. I know my dad took a bunch of deductions and spent more time than the average person preparing his taxes)
I think being audited is fairly common.
It wouldn't be fair to limit consumers during an audit because most of the time nothing is wrong. Usually if something is wrong, you simply owe more taxes.