The Internal Revenue Service stepped up its compliance activities last year and saw its revenues jump, according to a new report.
The percentage of tax returns examined by the IRS rose nearly 9 percent in fiscal year 2007 compared to fiscal year 2006, while revenue from IRS enforcement activities increased 22 percent to $59.2 billion in the same period, according to a report by the Treasury Inspector General for Tax Administration. The use of liens and levies by the IRS reached a 10-year high last year. Dollars collected on balance-due accounts rose nearly 3 percent last year.
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