WASHINGTON—The Internal Revenue Service audited just 0.59% of individual tax returns last year, marking the seventh consecutive annual decline as the tax agency copes with smaller budgets and fewer workers. That total was down from 0.62% the year before and hit the lowest mark since 2002, according to data released Monday. Audits of the highest-income...

Source: Wall Street Journal May 20, 2019 14:53 UTC