Get the Latest on IRS Audit Activity

y thFour Gateway Center, 9 Floor, Pittsburgh, PA 15222 Tel: 412-281-8771 Fax: 412-281-7001 email: info@louisplung.com Get the Latest on IRS Audit Activity Many clients ask: "How can I avoid being audited by the IRS?" Of course, there’s no 100 percent guarantee that a taxpayer won't be picked because some returns are chosen randomly. However, completing tax returns in a timely, orderly, and accurate fashion with a trusted tax adviser certainly Liens and Levies Hurt works in a taxpayer’s favor. It also helps to know the Revenue Collection? red flags that catch the attention of the IRS. When the IRS automatically files liens and The overall percentage of taxpayers who are audited is levies against delinquent taxpayers, it historically around 1 percent, although it varies from actually hurts the federal government's ability year to year. However, certain groups of people and to collect revenue owed. That statement was organizations are audited at much higher rates. made in a report to Congress on July 7. "The conventional wisdom seems to be that We'll tell you about some of the new and recurring more hard-core enforcement actions like audit targets, but first, here are some of the latest liens and levies mean more revenue," collection statistics from the IRS Data Book for the Taxpayer Advocate Nina Olson stated. "But fiscal year ending September 30, 2009. the data don't bear that out." Since fiscal year 1999, the IRS has increased ...