IRS Focused on Estate Tax Returns in 2011
According to the “2012Internal Revenue Service Data Book,” the 2011 estate tax returns had a29.9 percent rate of audit, which was more than any other category ofindividual tax returns. This increasedfocus on estate tax returns resulted in $1.1 million more additional taxrevenue for 2011.
See Frank Byrt, IRS2011 Audit Rates Show Estate Tax Returns Under the Microscope,accountingweb.com, Mar. 27, 2013.
Posted in: