The federal income tax was instituted in July of 1861 to help the government fight the Civil War. After patriotically paying our taxes we may dread the possibility of being audited. Do not fear! In actuality the odds are pretty slim. The following infographic by Best Online Accounting Degrees is chock full of information and stats related to audits such as – types of audits, number of audits performed per calendar year, and more.
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