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A new report from Syracuse University's Transactional Records Access Clearinghouse (TRAC) highlights a disconcerting fact. Over the last five years, the Internal Revenue Service has increased the hours it spends auditing small businesses, with less than $10 million in assets, by 30 percent, while reducing the time it spends auditing large corporations with $250 million or more in assets by 33 percent. During the same period, audit hours devoted to mid-size corporations ($10 million to $250 million in assets) gnu by 13 percent.
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