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February 25, 2015

IRS: Chance of an audit is the lowest in a decade

  • IRS Commissioner John Koskinen said audits fell in virtually every category, continuing "a long-term trend that carries serious implications."
    • By STEPHEN OHLEMACHER
    Associated Press

    WASHINGTON — Budget cuts forced the IRS to reduce the number of tax audits last year to the lowest level in a decade, IRS Commissioner John Koskinen said Tuesday. And the number of audits could be even lower this year.

    “The math is pretty simple,” Koskinen said in a speech to the New York State Bar Association. “There are fewer audits because we have fewer auditors.”


     
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