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Irs audit 2012 01 06

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The agency audited 12.5% of top earners in fiscal 2011.
TaxMasters CEO Patrick Cox must pay $46M of those penalties.
Individuals are 6% more likely to die in a car crash on the day US income taxes are due.
The company is planning to cut 350 full-time jobs and close 200 offices.
Irs audit 2012 01 06

Felipe Castro holds a sign advertising a tax preparation office in Miami Beach, Fla., on April 14, 2010.

Joe Raedle