Why You Can Worry a Little Less About an IRS Audit
Taxes

Why You Can Worry a Little Less About an IRS Audit

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Having lost about a third of its enforcement staff since 2010, the IRS is auditing a lot fewer Americans, says The Wall Street Journal.

In 2017, the percentage of individuals being audited fell to the lowest level in 15 years, with high-income households seeing the biggest decline.

“The audit of about 1 in 160 individual returns in 2017 is down from 1 in 90 in 2010, the peak year in the past decade,” the Journal’s Laura Saunders writes.