Beefed Up
The IRS enforcement arm is working out.
The IRS is poised to boost its record on audits and collecting tax revenue. Commissioner Charles O. Rossotti recently told Congress that increased automation is freeing workers to be retrained and redeployed in enforcement efforts. Here's what to expect:
- More resources will go to auditing partnerships and pass-through entities. The IRS intends to match information from such entities with their owners' returns.
- A closer eye on returns with adjusted gross incomes over $100,000, the quantity of which grew 163 percent from 1993 to 2001.
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