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Taxation & Estate Planning

: TaxProf Blog

IRS Increased Audit Rate of Richest Americans by 73% in 2010

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The 2010 IRS Data Book released today reports that audits of the highest-income Americans (AGI >$10 million) increased 73.4% in FY 2010: AGI FY 2009 FY 2010 100k/200k 0.67% 0.71% 200k/500k 1.86% 1.92% 500k/1m 2.77% 3.37% 1m/5m 5.35% 6.67% 5m/10m 7.52% 11.55% >10m 10.60 18.38% Bloomberg, IRS Boosted Auditing of...

Full post as published by TaxProf Blog on March 14, 2011 (boomark / email).

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