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Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL -cpabakem01@yahoo.com **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: http://www.blognetnews.com/accounting (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Thursday, November 30, 2006

Expanded Enforcement Brought In Millions - Mark Everson - IRS Commissioner

If you earn more than $100,000 or you’re a millionaire, you’re a lot more likely to be audited these days than just a few years ago, according to IRS Commissioner Mark Everson. In his statement on Fiscal Year 2006 Enforcement and Service Results, Everson said the agency made strong progress in a number of key enforcement categories, ultimately bringing in billions of dollars to the Treasury. While total individual returns audited increased by more than 6% in 2006 from 2005, audits of individuals with income of $1,000,000 and higher increased nearly 33% in the same timeframe. Audits of individuals with incomes over $100,000 showed an 18% increase from 2005. Everson also discussed stepped up business audits and IRS activities in the Exempt Organization area. Read his remarks.

Michigan Association of CPAs
Internal Revenue Service

1 Comments:

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10:29 AM  

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