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IRS audit squad nabs 1 in 8 millionaires
The IRS has learned the Willie Sutton Principle: When it comes to revenues, go to where the money is.New data from the IRS shows that tax filers with taxable incomes of $1 million or more were audited nearly 12 times more often than the population as a whole. About one in eight of them were examined in the fiscal year 2012, for a total of 41,000.Look into more: Taxes Won’t Stop Wealthy from SpendingTho…
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IRS audit squad nabs 1 in 8 millionaires
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