 |
|
U.S. taxpayers were slightly less likely to face an IRS audit last year, according to an analysis issued Tuesday.
The IRS acknowledged that the number of audits of individuals dropped last year, but said examinations of taxpayers with incomes over $200,000 and over $1 million increased in fiscal 2012.
IRS audits dropped 5.3% in federal fiscal year 2012 to 1,481,966 audits of individual tax returns, based on IRS data analyzed by the Transactional Records Access Clearinghouse, a data research and distribution organization based at Syracuse University.
The number of IRS employees fell 4.7% to 90,280 in fiscal 2012, according to the report. And it says the number of audits per 1,000 returns fell from 11.1 in fiscal 2011 to 10.3 in fiscal 2012.
Because of an increase in the number of federal tax returns filed, chances of an IRS audit of an individual tax return fell 7%, TRAC says.
|
|
|
|
