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According to the Transactional Records Access Clearinghouse at Syracuse University, those who are making under $25,000 a year are five times as likely to be audited as anyone else with a higher level of income.
TRAC reports the reason why those numbers are so high is because of “correspondence audits” which means IRS agents review tax returns through letters or phone calls other than doing a face-to-face audit.
The Syracuse study reported over half of the correspondence audits conducted by the IRS last year were not those who are making $400,000 or more a year, rather 54% were done on those making under $25,000.
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