Tax Policy Center

IRS audit

Individual Taxes: TaxVox

Crypto Tax Challenges Just Keep Growing

IRS Commissioner Charles Rettig raised some eyebrows when he singled out the growing popularity of cryptocurrency as a big factor behind the sizeable tax gap—the...
February 11, 2022John Buhl
: TaxVox

The IRS Data Book Tells A Story of Shrinking Staff, Fewer Audits, and Less Customer Service.

The IRS published its annual trove of tax statistics Internal Revenue Service Data Book, 2018 on May 20. On its face, the volume is a...
June 7, 2019Robert A. Weinberger
: TaxVox

To Collect Money You Have to Have Money

High-income households can worry even less about being audited this year. Last year, the IRS audited just 7.5 percent of households earning more than $1 million in 2013. That’s the lowest share since 2009 . Its overall individual audit rate was 0.86 percent, the lowest since 2004. The IRS budget
February 25, 2015Renu Zaretsky