Tag Archive for IRS Criminal Investigation Annual Report

IRS Criminal Investigation Issues Annual Report

On Tuesday, February 25, 2014, the Internal Revenue Service announced the release of its IRS Criminal Investigation (CI) Annual Report for fiscal year 2013, reflecting significant increases in enforcement actions against tax criminals and a robust rise in convictions, including identity theft.

CI investigates potential criminal violations of the Internal Revenue Code and related financial crimes in a manner to foster confidence in the tax system and compliance with the law.

High points of fiscal year 2013 include:

• a 12.5 percent increase in investigations initiated compared to the prior year. Read More

Written by | Posted in IRS

IRS Criminal Investigation Annual Report

IRS Criminal Investigation (CI) released its Annual Report for fiscal 2012.

Investigations initiated (5,125) and prosecution recommendations were both up in fiscal 2012 compared to the prior year. Filings of indictments and other charging documents rose 13 percent. Meanwhile, convictions and those sentenced both gained roughly 12 percent (2,634) from 2011.  The Service was able to convict on 93% of the files opened. The 28-page report summarizes a wide variety of IRS CI activity on a range of tax related issues during the year ending Sept. 30, 2012.

Noticeably absent from the report is the concept that perhaps CI should have been investigating the Exempt Organizations function of the IRS.

Written by | Posted in TaxConnections