(WBIR) Agents with the IRS Criminal Investigation Division confirmed they were at HR Comp Employee Leasing on official business Thursday morning.
The business is located on Clinton Highway in Powell. The Tennessee Secretary of State's office listed the business as HR Comp to You.
The IRS said the FBI is assisting in its investigation.
Officials have not released any further information.
John E. Owings released this statement on behalf of HR Comp: "We were shocked and surprised by what happened today. HR Comp is operating appropriately in compliance with law. We are still working diligently for our customers as we are proceeding with business as usual. We are cooperating with authorities and are confident the matter will be resolved.
There will be no further comment at this time. Thank you."