Putting TRAC to Work |
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News Organizations |
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Wealth Advisor |
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August 17, 2022 |
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More Audits Are on the Way for Taxpayers. How to Respond if You’re Targeted. By The Wealth Advisor |
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As staff dwindled, so did the pool of expertise to conduct highly complex audits. In-person audits—many of which analyze sophisticated tax strategies—account for about 15% of audits now compared with about 40% in the mid-1990s, according to the Transactional Records Access Clearinghouse , or TRAC, a tax data-gathering nonprofit at Syracuse University. |
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Copyright 2022
