The IRS Audit Process

In 2015 the IRS audited a total of almost 1.4 million tax returns, approximately 0.7 percent of all returns filed in calendar year 2014. 0.8 percent of all individual income tax returns filed were audited and 1.3 percent of corporation income tax returns filed were audited (Source: 2015 Internal Revenue Service Book October 1, 2014  … Read more