IRS Audit Techniques Guides (ATGs) Are Valuable Business Resources
The IRS only audited 230,340 tax returns in 2019, accounting for 0.31 percent of all incoming tax returns for that tax year. In contrast, the IRS audited roughly 1.11 percent of all returns as recently as 2010, and audits were even more common. Yet despite historically low auditing rates, the IRS has dramatically expanded its auditing operations …