IRS Top-Earner Audit Team Picks Off One in Eight

The IRS has learned the Willie Sutton Principle: when it comes to revenues, go to where the money is. New data from the IRS shows that tax filers with taxable incomes of $1 million or more were audited nearly 12 times more often than the population as a whole. About one in eight of them were exam…

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IRS Top-Earner Audit Team Picks Off One in Eight