May 2013
Accounting Today;May2013, Vol. 27 Issue 5, p6
Trade Publication
The article reports that the U.S. Internal Revenue Service (IRS) has released data showing its increased survey of taxpayers with high adjusted gross incomes. The agency announced that it had considered just under 1 percent of all tax returns filed and about 1 percent of all individual income tax returns during fiscal year 2012. Syracuse University Transactional Records Clearinghouse states that it had obtained a document which revealed plans to reduce large business audits by 18 percent.


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