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Chance Of IRS Audits Rises Fast With Income

Saturday, December 18, 2010 - 6:54 AM
Article at the CBS MoneyWatch blog, Devil in the Details, has some interesting stats about IRS audits:
Roughly three in every 100 individuals reporting income of $200,000 or more were audited last year, while 8.36% of those with income above $1 million grappled with an audit.

It also has a few useful tips about what to do when you get that IRS letter.
Ken TuminKen Tumin5,469 posts since
Nov 29, 2009
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