Friday, March 01, 2019

Retirees: Worried about the IRS auditing you?

Worried about the IRS auditing you? It’s rare, but it does happen.
Of the tax returns filed in calendar year 2016 — and examined in fiscal year 2017 — the IRS audited nearly 1.1 million, or 0.5 percent of the total.
That low percentage might have you feeling relatively confident about the odds that Uncle Sam will come calling.