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For those interested in the IRS audit coverage pre-COVID-19 here are graphs taken from the IRS 2019 Databook. The graphs depict just how low the audit coverage was before the IRS shut down for months. One can only imagine how low the coverage is at this point. Today’s post is one where we are adopting the philosophy that a picture is worth a thousand words. These pictures make this a very long post albeit one with few written words. For anyone who thinks it’s actually a good idea for the IRS to audit a reasonable number of returns to keep the system honest, the pictures here do not provide much encouragement.
