The Taxman Cometh

by Larry Emmott on November 2, 2012

in Management


According to IRS statistics, from 2009 to 2011, the coverage rate (number of audits as a percentage of total returns filed) for corporations with assets between $10 million and $50 million has increased 32%. …Those with incomes $200,000 and higher have seen a 36% increase in their coverage rate.

via TaxProf Blog: IRS = Income Redistribution Service.

Based on this article the IRS has significantly upped the audit rate of small businesses, which of course includes most dentists.

by: at .


Comments on this entry are closed.

Previous post:

Next post: