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USA Today
April 14, 2010

IRS audits big firms less often
By Kevin McCoy

The data confirm a downward trend identified in a critical analysis this week by the Transactional Records Access Clearinghouse, a non-partisan research organization based at Syracuse University. The IRS provided the data to USA TODAY after questioning TRAC's conclusions. "There's been a steady decline in IRS audits of the largest corporations," said TRAC co-director Sue Long. The drop is significant for taxpayers - who face a midnight deadline to file their personal income tax returns - because TRAC found the IRS identified nearly $28.6 billion in tax-underreporting by the nation's largest firms in fiscal year 2009.

Transactional Records Access Clearinghouse, Syracuse University
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