Obama Administration to Increase IRS Audits This Year
CNN Money, Tax Audits: Uncle Sam Wants You!:
Worried about a tax audit? Maybe you should be. More Americans than ever may be subject to unwanted attention from the IRS this season as the government pumps billions of dollars into tax collection.
More than 1.4 million Americans were audited last year, the most in a decade. Even more audits are expected as the Obama administration plans to spend $8.2 billion in tax enforcement initiatives in 2011, a nearly 10% increase over last year.