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IRS Audit Rate Increases for Taxpayers earning Greater than $1M

Thursday, January 17th, 2008

The IRS said today that in the 2007 budget year it audited one out of every 11 with incomes greater than $1 million, which represents an audit rate of 9.25%
If your income is $100,000 or less, only 1% or so were audited.
Still, the IRS said its auditing rates were generally up for people of all […]

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