Tuesday, July 15, 2014

The Odds of Being Audited By the IRS

The AP reports:
Only 0.9 percent of people making less than $200,000 were audited last year, according to IRS statistics. That's the lowest rate since the IRS began publishing the statistic in 2006.

By contrast, 10.9 percent of people making $1 million or more were audited. That's the lowest rate since 2010.
An article worth your time.