IRS Targets the Super-Rich for More Audits
Ken BerryJanuary 17, 2012 — 147 views
For taxpayers earning more than $1 million annually, the audit rate was approximately 12 percent in 2011. In 2011, 1 percent of corporations with assets under $10 million were audited. Be prepared for greater scrutiny of your high-earning clients' returns.
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