Friday, April 23, 2010

IRS Audits of Large Corporations Decline to New Low from Allgov News


If the nation's largest corporations were inclined to fudge their tax returns, they would face pretty good odds (about 3-to-1) of getting away with it, since the IRS is now spending less time auditing such businesses. Syracuse University's Transactional Records Access Clearinghouse has found the IRS has cut back noticeably (33%) over the past five years on audits of corporations with assets of $250 million or more.

rest http://www.allgov.com//ViewNews/IRS_Audits_of_Large_Corporations_Decline_to_New_Low_100414

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