IRS audit rates of large corporations hit 10-year low

USA Today: Large U.S. corporations had a good tax-filing season in 2015. Firms with at least $10 million in assets faced the lowest IRS audit rates in at least a decade as the tax agency coped with staffing declines, new data show.

Audit rates of tax-exempt organizations also fell to their lowest rate in more than ten years, the IRS statistics show, mirroring declines in audits of tax returns filed by individuals.

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