IRS audits at 15-year low

IRS audits at 15 year low.
By Taxpayer Foundation of Oregon,

For the sixth straight year IRS tax audits have been declining and have set a new 15 low in 2017 according to the Wall Street Journal. The year, 2010 was their peak, and since then they have lost a third of their enforcement staff.

As the above chart shows, the higher income have seen the biggest decline in percentage of returns audited.

Since 2010, IRS funding is down 8% while tax returns have grown 5%.

You can read more about the decline in IRS tax audits here.

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