Transactional Records Access Clearinghouse Report – “The latest Internal Revenue Service (IRS) statistics covering federal income tax audits through February of 2022 reveals that the agency is continuing to target audits on the poorest wage earners. So far it has completed 132,922 audits of these low-income wage earners with less than $25,000 in total gross receipts. This is up from 105,978 audits IRS had completed a year ago at the end of February 2021. If IRS continues at this same pace for the rest of this fiscal year, audit rates would inch up to 13.5 per 1000 returns—slightly higher than the phenomenally high rates that occurred last year when IRS audited the poorest families claiming an anti-poverty earned income tax credit at five times the rate for everyone else. Not only are total correspondence audits up so far this year, but IRS is increasingly targeting them on these poorest families. Last year at this same time, 51.6% of all correspondence were targeted at this lowest income group which represents only a small proportion of all taxpayers. The concentration of correspondence audits on this single small group of taxpayers during this filing season has increased to 58.1%. Field audits, although relatively small in number, are also up for these lowest wage earners…”