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Beware: Dramatic Increase In Tax Audit Rates

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Tax audit rates have seemingly jumped to an all time high of 30% as the IRS has released its 2011 IRS Data Book, showing an unprecedented 62.8% spike in audit rates on the wealthiest taxpayers. The IRS has been expanding audits in the upper income echelons for a few years, but in 2011 made great strides. The extremely wealthy [...]

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