Putting TRAC to Work |
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News Organizations |
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Forbes |
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April 16, 2013 |
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IRS Audits: Your Odds And Best Strategies By Richard Eisenberg |
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An individual’s chance of being audited fell 7 percent last year, according to an analysis by the Transactional Records Access Clearinghouse, based at Syracuse University. Roughly 1 in 100 returns were audited (think of this as the new definition of “the 1 percent”). And the sequester might reduce the number of returns audited this year due to budget cutbacks for the Internal Revenue Service. |
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Copyright 2013
