The Internal Revenue Service increased its audits of high-income taxpayers last year by as much as 75 percent.
The IRS released its 2010 IRS Data Book earlier this month, showing trends in agency activities for the fiscal year (see IRS Collected $2.3 Trillion in FY2010). The statistics showed that the IRS audited 18.4 percent of taxpayers whose incomes exceeded $10 million last year, compared to 10.6 percent in 2009, according to Bloomberg.com.
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