IRS STEPS UP ENFORCEMENTWashington, D.C. — The Internal Revenue Service’s Criminal Investigation Division increased its enforcement activities last fiscal year after they fell behind in fiscal 2006, according to a new report. The Treasury Department’s inspector general said that the number of investigations initiated by the division increased 7.8 percent in 2007, compared to a decrease of 8.5 percent in the previous year. In addition, the number of investigations recommended for prosecution increased 4.3 percent in 2007, compared to a decrease of 4.9 percent the previous year. The numbers of subjects convicted and sentenced in 2007 increased by 6.7 percent and 5.1 percent, respectively, compared to decreases of 6.1 percent and 3.6 percent in fiscal 2006. Nearly 65 percent of the division’s time was spent on tax-related cases, an eight-year high.
INT’L STANDARD-SETTERS BRACE FOR CHANGES
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