Category: Technology

Between 2013 and 2021, less than 1% of US taxpayers were audited, largely due to resource constraints at the IRS. High-income filers (over $10 million) faced an 8.7% audit rate, while middle-income earners ($50,000–$500,000) experienced audit rates below 0.5%. Interestingly, lower-income earners claiming earned income tax credits had relatively higher audit rates (up to 1.5%).…