Pursuits

This Year’s IRS Audits Are Bad News for the Rich

A shrinking agency is targeting those it deems most likely to dodge their taxes.
Photographer: Michael Nagle/Bloomberg
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The IRS is turning up the heat on taxpayers. Some of them, anyway.

The number of audits conducted by the Internal Revenue Service has dropped as it continues to reel from years of budget cuts. But even as its workforce shrinks, the agency must keep the money flowing into the U.S. Treasury. The solution in 2017? Focus on target-rich environments, and squeeze more dollars out of each audit.