Study: IRS Audits of Businesses Down Last Year

[Yo_Mama_Been_Loggin]

One would think with corporate scandals such as Enron, Worldcom and Tyco the oppostite would be true. But then we should remember what a bunch of corporate whores the BFEE are.

By MARY DALRYMPLE, AP Tax Writer

WASHINGTON - The Internal Revenue Service (news - web sites) audited fewer corporations, small businesses and partnerships last year but more individual taxpayers, according to a study of government data.



Syracuse University's Transactional Records Access Clearinghouse, in its analysis of IRS data, made available Sunday, concluded that the audit rate for businesses of all sizes slid slightly last year to 2.1 audits for every 1,000 businesses, down from 2.2 audits per 1,000 businesses the previous year.


At the same time, the IRS audited 14 percent more individual tax returns. The audit rate for individuals increased last year to 6.5 audits for every 1,000 taxpayers.


Official audit rates released by the IRS last month show a similar trend.


Researchers said the declining audits of businesses exposes a flaw in the administration's tough stance against corporate wrongdoing.

-more-

http://story.news.yahoo.com/news?tmpl=story&cid=514&e=5&u=/ap/20040412/ap_on_go_ca_st_pe/taxes_audits

[havocmom]

1. Dupe

we've been on this one
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x480732