Sentence examples for audit rate for from inspiring English sources

Only one in 142 tax returns of people making $100,000 or more is audited, but the audit rate for partnerships is just one in 400.

Over the last decade, the audit rate for the largest corporations has fallen by almost half.

The audit rate for the 11,200 largest corporations, which pay nearly all corporate income taxes, has fallen by almost half over the last decade, as has the audit rate for unincorporated businesses.

The overall audit rate for corporations of all sizes was 7.3percentt, down from 8.8percentt a year earlier and 29.7percentt in 1993.

The audit rate for all but the 1,100 largest corporations, which are under constant audit, fell to 1percentt last year, from 3percentt in 1992.

"The I.R.S. audit rate for Schedule C's is as high as one in 60," he said, "but for other entities it is about one in 400".

Since 1988, audit rates for the poor have increased by a third, from 1.03percentt, while falling 90percentt for the wealthiest Americans, from 11.4percentt.

An article in Business Day on Monday about the drop in audit rates for federal tax returns misstated the rate of decline in face-to-face reviews of taxpayers with business income.

"I'm still trying to find my jaw on the ground from the finding that audit rates for the big boys are plummeting," said Dean Zerbe, the national managing director of Alliant Group, a tax planning company.

Twelve percent of millionaire earners were audited in 2011, when Barack Obama was president, compared with 5 to 7 percent audit rates for 2004-9 (George wasBush was president most of that time).

T.R.A.C., which has a long-running dispute with the I.R.S. over how to interpret data, said an agency official told it on Friday that audit rates for previous years had been misreported, leading to a discrepancy between the two organizations on the size of the decline for audits of millionaires.