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Putting TRAC to Work |
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April 18, 2011 |
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Fix the Tax Gap: Fewer Audits, Clearer Rules
By Scott Shane
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According to a report by Transactional Records Access Clearinghouse (TRAC), which obtains and analyzes data on the IRS, the number of hours the IRS spent auditing small businesses—those which the IRS defines as companies with less than $10 million in assets—increased by 30 percent from 2005 to 2009.
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Transactional Records Access Clearinghouse, Syracuse University
Copyright 2011
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