The Chances or
Likelihood of IRS Tax Audits for Corporations
What percentage of corporation tax returns are audited by the IRS per 1000
income tax returns filed?
IRS Face-to-Face Audits of
Federal Income Tax Returns Filed by Corporations
Return Type/Income Class
|
Percent of Returns Audited |
|
Fiscal Year |
|
2007 |
2006 |
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
1995 |
1994 |
1993 |
1992 |
|
All 1120 Returns |
1.24 |
1.07 |
1.05 |
0.65 |
0.73 |
0.88 |
0.89 |
1.07 |
1.51 |
2.04 |
2.62 |
2.28 |
1.96 |
2.13 |
2.97 |
2.90 |
|
No Balance Sheet |
0.43 |
0.45 |
0.41 |
0.23 |
0.33 |
0.37 |
0.41 |
0.47 |
0.62 |
0.86 |
1.05 |
1.02 |
0.89 |
0.94 |
1.25 |
1.14 |
|
< $250,000 Assets |
0.69 |
0.49 |
0.53 |
0.18 |
0.22 |
0.23 |
0.24 |
0.28 |
0.44 |
0.75 |
1.16 |
0.99 |
0.75 |
0.78 |
1.29 |
1.18 |
|
$250,000 < $1 Million Assets |
1.25 |
0.85 |
0.87 |
0.34 |
0.63 |
0.75 |
0.76 |
1.07 |
1.65 |
2.49 |
3.49 |
2.71 |
2.14 |
2.42 |
4.03 |
4.00 |
|
$1 Million < $5 Million Assets |
1.60 |
1.12 |
0.91 |
0.60 |
1.50 |
2.03 |
1.98 |
2.90 |
4.86 |
6.35 |
7.72 |
6.57 |
5.96 |
7.00 |
9.59 |
9.93 |
|
$5 Million < $10 Million Assets |
2.91 |
3.27 |
2.35 |
1.90 |
3.25 |
4.48 |
5.13 |
6.84 |
10.09 |
13.44 |
15.98 |
13.95 |
14.72 |
15.66 |
19.31 |
18.78 |
|
S10 Million < $50 Million Assets |
14.72 |
13.96 |
11.43 |
8.85 |
5.85 |
7.51 |
9.29 |
11.57 |
14.75 |
17.74 |
19.97 |
19.67 |
19.61 |
22.20 |
23.26 |
23.20 |
|
$50 Million < $100 Million Assets |
10.85 |
13.37 |
15.46 |
12.10 |
9.45 |
10.39 |
11.95 |
14.27 |
16.05 |
17.53 |
19.25 |
20.75 |
21.49 |
24.29 |
25.38 |
28.48 |
|
$100 Million < $250 Million Assets |
11.52 |
13.66 |
16.75 |
15.94 |
12.19 |
15.54 |
17.13 |
17.20 |
18.51 |
19.00 |
22.53 |
26.78 |
27.78 |
30.63 |
32.28 |
31.31 |
|
$250 Million Assets or more |
26.29 |
34.17 |
42.56 |
38.06 |
28.98 |
33.68 |
31.36 |
30.51 |
34.55 |
37.27 |
45.86 |
48.38 |
50.92 |
54.68 |
55.52 |
54.63 |
Source:
Transactional Records Access Clearinghouse, Syracuse University Copyright
2003, 2004, 2005, 2006, 2007, 2008
|