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Tax News July 2022 - "The IRS is Auditing Fewer Returns than Ever"

Tax News July 2022 - "The IRS is Auditing Fewer Returns than Ever"

Excerpt 

The IRS is Auditing Fewer Returns than Ever

One of the perennial fears of taxpayers is getting audited by the IRS. Financially, few scenarios strike such fear into the heart of taxpayers. However, taxpayers can probably breathe a sigh of relief – at least for now. This is because the rate at which the IRS is initiating audits of individual taxpayers is dropping like a stone..............

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