Chicago residents unlikely to target of IRS audit: Study - New York News

Chicago residents, businesses unlikely to target of IRS audit: Study

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CHICAGO (FOX 32 News) -

Unless you file an extension, you only have until midnight on Monday to file your 2012 income taxes. But one thing you likely won't have to worry about is being audited.

A new study by the National Taxpayer Advocate shows that the majority of IRS audits take place in the five metropolitan areas of Los Angeles, Atlanta, San Francisco, Houston and Washington, DC.

The study also found people who own construction companies or real estate rental firms are more likely to fudge their tax returns.

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