Putting TRAC to Work |
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News Organizations |
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Forbes |
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April 21, 2023 |
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How Is The IRS Spending $80B In New Funding? By Cindy McGhee, CPA Contributor |
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Last year, only 0.38 percent of tax returns were audited by the IRS, according to a recent report using IRS data from Syracuse University’s Transactional Records Access Clearinghouse. It’s predicted this rate could double with the resources provided by new spending, however, your risk still remains under 1 percent. Given these statistics, your risk of audit still remains low. |
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Copyright 2023
