Higher Income Does Matter

There is nothing the individual taxpayer can do about this one, the more you make does increase your chances of an audit. If you earn more than $100,000 each year, your odds of being audited does increase. There are statistics that measure your chance of being audited based on having a higher income. However, it shouldn't be an issue of fear and/or dread as opposed to a incentive to always keep your records and documentation in order and available.