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This page contains all of the posts and discussion on MemeStreams referencing the following web page: Yahoo! News - Report: IRS Audits of Businesses Decline. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

Yahoo! News - Report: IRS Audits of Businesses Decline
by Mike the Usurper at 2:50 pm EST, Nov 1, 2004

] The midyear report dealt only with corporate audits. The
] report on 2003, issued last April, found the audit rate
] for all businesses was 2.1 per 1,000 businesses, down
] slightly from the previous year, while the audit rate for
] individuals was 6.5 audits for every 1,000 taxpayers, up
] 14 percent.

If I see this right, the IRS is three times as likely to go after a person as they are to go after a company. Call me crazy, but this seems backwards. Companies, in general, have far more money than individuals and if they're doing something illegal, have people who depend on them. Shouldn't there be more attention paid where it would do the greatest good?


 
 
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