business

Ta Ta, Taxman

The IRS can't hold on to enough good help, either. As a result, audits are way down, says a study by Syracuse University researchers. They found just 6.4% of businesses with $1 million to $5 million in assets were audited last year, down from nearly 10% in 1992. Audit rates fell to 13.4% from 18.8% for companies with $5 million to $10 million in assets.

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