Tuesday, February 25, 2014
The IRS yesterday released (IR-2014-18) 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 and a nearly 18 percent gain in prosecution recommendations. Specifically, CI initiated 5,314 cases and recommended 4,364 cases for prosecution. These increases were accomplished at a time when agent resources decreased more than 5 percent.
Meanwhile, convictions rose more than 25 percent compared to the prior year. The conviction rate for fiscal 2013 was 93 percent.
Clean Slate Tax, IRS Prosecutions and Convictions Jump 15%+ in 2013