Who Gets Audited by IRS the Most and How Have Audit Rates Changed?
Tuesday, May 17, 2022
Who Gets Audited by IRS the Most and How Have Audit Rates Changed?
IRS estimates that individual taxpayers underreport their income during tax season by hundreds of billions of dollars each year. The IRS determines whether taxpayers have reported their income accurately by auditing them. But in recent years audit rates have declined. Why has this happened and what impacts could it have? We find out from GAO’s Jay McTigue.
