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Happy Tax Day -- Now Get Ready For Your Audit
The IRS has more than tripled the number of annual audits of middle-class taxpayers since 2000, the New York Times reports today. If you're income is between $25,000 and $100,000 per year, your odds of being audited rose from 1 in 377 to 1 in 140. It's all part of an IRS plan to boost the audit rate across the board, even as the agency's staff declines. The idea is to make sure people are aware that the tax man may be watching, even if individual audits aren't as thorough as they used to be.
Tom Shoop is vice president and editor in chief at Government Executive Media Group, where he oversees both print and online editorial operations. He started as associate editor of Government Executive magazine in 1989; launched the company’s flagship website, GovExec.com, in 1996; and was named editor in chief in 2007.
