Quickbooks, Bookkeeping and Accounting Blog

Every year the IRS releases a data book summarizing its activities for the year.  The 2007 IRS Data Book, which covers the period from 10/1/06 to 9/30/07, was released today.  Some interesting numbers:

• $2.4 trillion - the approximate amount the IRS collected
• 235 million - the number of returns the IRS processed
• 114 million - the number of individuals receiving tax refunds
• $248.6 billion - total refunds individuals received
• 40 cents - the amount the IRS spent to collect $100 of tax revenue (the lowest ever)
• 1.4 million - the number of individual returns examined by the IRS
• 33.2 million - the number of toll free calls received by the IRS
• 215 million - the number of visits on the IRS web site

An electronic version of the 2007 IRS Data Book is available on the IRS website.