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What are the chances of you getting AUDITED BY THE IRS ?

January 11, 2012
Written by: steve

So, what are the chances of you getting audited by the IRS?

The results have just been posted by the IRS and the odds of you getting audited by the IRS are 1.1%

Oddly enough the numbers are identical to last year.

Internal Revenue Service has just over 13,800 Revenue Agents and tax auditors responsible for enforcing the tax laws for 2011, with that said the Examination Division was responsible for assessing and collecting just over $12.40 Billion dollars last year.

What was interesting about the finding  is that IRS had employed about the same amount of tax auditors and for 2010. The examination division assessed and collected just over $16.9 Billion Dollars. This was a drop of over $4 Billion dollars or 20% of total revenue from the previous year.

The IRS documentation program which matches 1099’s and W-2’s collected and assessed over $5.2 Billion dollars for 2012.

Filed Under: IRS Tax Audit
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