Friday, December 22, 2006

I.R.S. Is Spending Less Time Scrutinizing Big Businesses

December 21, 2006

By DAVID CAY JOHNSTON
The Internal Revenue Service has cut deeply the time that it spends auditing the nation’s largest corporations, according to data made public yesterday.

The figures, obtained by Syracuse University researchers, showed that the I.R.S. had reduced the time spent on each audit by 21 percent in the last five years, to 958 hours from 1,210 hours. At the same time, the number of actual audits, which had increased in the last two years, has fallen back to the level of 2002.

--MORE--

No comments: