WASHINGTON — The Internal Revenue Service is not living up to its pledge to crack down on wealthy tax cheats, an IRS watchdog group says, citing a drop in audits of millionaires last year. The tax agency disputes the conclusion, ascribing the "slight" decline in audits to its focus on getting people their economic stimulus checks. Those with incomes of $1 million and above had a 5.6 percent chance of getting audited in fiscal year 2008, which ended last September, down from 6.8 percent the previous year, according to IRS figures.
Irs Defends Drop In Audits Of Millionaires
The Huffington Post News Editors, Huffington Post
Sun, 03/22/2009 - 10:19pm
Topics: washington the internal revenue service september syracuse university-based transactional records access clearinghouse americans but irs terry lemons lemons irs he the trac net clearinghouse service in on the in internal revenue irs it transactional records access year percent tax stimulus report agency focus slight checks chance rate enforcement number taxes returns
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