News Summary

• The Internal Revenue Service has become an outsized force that too often targets those least equipped to fight back.
• IRS audits fall disproportionately on small businesses and individuals making less than $400,000 a year.
• Larger corporations can afford to absorb the burden of lengthy audits, but for a small business, an audit can be devastating.
• Small businesses are the backbone of job creation in America, yet they are being discouraged from investing, hiring and expanding because they fear the IRS will punish them for success.