Data Point - IRS's interest in you - Granite Grok

Data Point – IRS’s interest in you

Willie Sutton’s phrase still holds true “That’s where the money is”.

IRS Audit ChancesThe number of audits is going down for taxpayers making less than $200,000, but it is increasing for those making more than that. It is also increasing sharply for taxpayers with income above $1 million, with nearly 1 in 9 of those taxpayers audited in 2013 compared to 1 in 15 in 2009.

(H/T: The Corner)

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