JBL Financial Blog

IRS Audit Rates Over Time

Erin Lapidus Friday, March 24, 2023

IRS audit rates for individual income tax returns have fallen since 2010, but this pattern could reverse as the agency ramps up enforcement. The Inflation Reduction Act of 2022 provided the IRS with an influx of about $80 billion to modernize outdated technology and rebuild a depleted workforce.

 

This article was prepared by Broadridge Advisor Solutions.