The department of revenue may exercise the powers vested in it by ss. 71.80 (12) , 71.82 (2) , 71.91 (1) (a) and (c) , (2) to (5m) and (7) , 71.92 and 73.0301 in connection with collection of delinquent sales and use taxes including, without limitation because of enumeration, the power incorporated by reference in s. 71.91 (5) (j) , and the power to:
(1) Use the warrant procedures under ss. 71.80 (12) , 71.91 (1) (a) and (c) and (2) to (5m) and 71.92 .
(2) Release real property from the lien of a warrant.
(3) Satisfy warrants.
(4) Approve installment payment agreements.
(5) Compromise on the basis of ability to pay.
(6) Compromise delinquent estimated assessments on the basis of fairness and equity.