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Auditing 101: When The IRS Comes To Audit

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Perhaps more dreaded than doing your taxes each year is the possibility that you might get audited.

Audits are rare — the IRS says fewer than 1 percent of taxpayers were audited last year — and the affluent are more likely to be audited than lower earners.

Wall Street Journal reporter Jason Bellini joins Here & Now's Robin Young to talk Auditing 101.

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This segment aired on April 8, 2014.

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