Larry Solov, president and CEO of Breitbart News Network said: “We stand ready to cooperate with the Internal Revenue Service on its audit of our company, but this will not deter us in the least from continuing our aggressive coverage of this president or his administration.”
The company that runs the conservative Breitbart.com news site says the IRS has selected the network for an audit, in a move company executives suggest is politically motivated.
Breitbart News Network, a California-based company which runs several conservative websites, says the IRS recently audited its 2012 financial information.
“The Obama administration’s timing on this is exquisite, but try as they might through various methods to silence us, we will only get more emboldened,” Stephen K. Bannon, executive chairman of Breitbart News Network, said in a written statement.
The audit comes as the agency faces sustained complaints that it targeted conservative groups for extra scrutiny as they sought nonprofit status, before the agency ended the practice last year.