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Taxes

Irs Audits

If I make more money, do my chances of being audited increase?

Yes, in fact for people earning between $200,000 and $1 million per year, the percentage of completed audits is 2.3%. For those earning incomes greater than $1 million per year, the audit percentage increases to 6.4%.

The Internal Revenue Service headquarters is located in Washington, D.C.

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