The Internal Revenue Service has increased its audits of taxpayers at upper-income levels.
According to
In contrast, 1.02% of taxpayers with incomes below $200,000 a year were audited in fiscal year 2011, compared to 1.04% in fiscal 2010.
Large corporations were also audited at a higher rate last year, with 17.6% of those with assets of $10 million and higher audited in fiscal 2011, compared to 16.6% in fiscal year 2010.
Those with assets of $250 million and higher were audited at a rate of 27.6% in fiscal 2011, compared to 25.3% in fiscal 2010.
Smaller corporations with assets under $10 million were also audited at a greater rate, with examinations of 1.02% of them in fiscal 2011, compared to 0.94% in fiscal 2010.
Michael Cohn writes for