IRS Taking a Bite Out of Crime

So says the recent annual report of the IRS criminal division. Notwithstanding budget cuts (of something like 5% in agent resources), IRS touts its 2013 record on crime:

  • 12.5% increase in investigations initiated compared to 2012
  • 18% gain in prosecution recommendations

Identity theft continues to rankle the IRS — the criminal investigation unit initiated over 1,400 investigations and recommended prosecution of over 1,250 individuals in fiscal year 2013.

Further, IRS criminal investigations included activity on a range of tax money laundering, public corruption, terrorist financing and narcotics trafficking during the year.