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If your hypothesis is true, then million-dollar income tax statements are easier to audit than hundred-k income tax statements. If it's 5x harder to audit some
by dsr_ 4y ago
If your hypothesis is true, then million-dollar income tax statements are easier to audit than hundred-k income tax statements.
If it's 5x harder to audit someone who made a million dollars than someone who made 100,000, it's still worth auditing two of the million-dollar returns for every 100K return.
- nwah1 4y agoIt isn't about difficulty. It is about compliance. People who haven't complied with the law for their filings are going to get targeted more.
- s1artibartfast 4y ago>If it's 5x harder to audit someone who made a million dollars than someone who made 100,000, it's still worth auditing two of the million-dollar returns for every 100K return. Why is it equivalent worth? Shouldn't that have to do with the level of fraud discovered and taxes recovered? Many of the errors in low income filings are incredibly easy to detect. Think 1000x easier, and automated. These are things like two parents claiming the same dependent with the same SSN.