roughly 1 out of every 220 taxpayers were audited last year.
I’ve always heard, that your chances of audit are greater if you claim unusually high deductions for your income level, and/or if an individual or businesses has a very high gross income.
I used to work for a major corporation, which was audited by the IRS every year. I was on the periphery of the financial management team, but, there were a couple years in which additional taxes were owed. IRS doesn’t publicize criteria for audit, but, I’m sure they tend to audit where there is a good chance of collecting additional taxes.
Perhaps the IRS is spending more time using its resources to eliminate the hundreds of millions of dollars in fraudulent and erroneous tax “refunds” it hands out annually.
One can only hope.
eliminate the Internal Robbery Service
Not good, not good at all.
My father, an officer and a gentleman (USMC), who had NEVER been audited in 50 years, wrote a polite but critical letter to Bill Clinton and was audited for the next 3 years running. His returns were always straight by the books, no fudging.
I don’t believe in that kind of coincidence.
Los Lerner is STILL walking free.
How do they audit people who dont file because they honestly believe they are not required to file?
Google Joe Bannister