IRS Joins List of Those With Questions for VisitDallas
Style Magazine Newswire | 1/10/2020, 3:08 p.m.
The Dallas Convention and Visitors Bureau failed to properly report its income to the IRS, resulting in an investigation and fines from the Internal Revenue Service in October, emails obtained by The Texas Monitor show. Those emails, between bureau officials and the IRS, show that the bureau, also known as VisitDallas, failed to correctly report its employment tax contributions for two tax years and also improperly reported advertising revenue. While the amounts involved are relatively small — the fines for the employment tax misstatements totaled $2,574 — the accounting problems show that the scope of the agency’s financial reporting failures may be more extensive than thus far publicly acknowledged.
