IRS reports gains in criminal tax, other financial investigations
Monday, May 13, 2013
At every Internal Revenue Service Nationwide Tax Forum I've attended, the display table that attracts the most attention is the one touting the agency's law enforcement branch.
The IRS Criminal Investigation (CI) unit digs into potential criminal violations of the Internal Revenue Code and related financial crimes.
Hey, everyone remembers who took down Al Capone.
In the fiscal year that ended Sept. 30, 2012, IRS criminal investigators might not have nabbed a crook to rival Scarface, but the tax lawmen did increase their results over actions taken in 2011.
The CI branch initiated 5,125 cases in fiscal 2012.
The number of investigations completed reached 4,937.
That was up 5 percent from the prior fiscal year, according to the CI unit's FY2012 annual report released on May 10.
Convictions in 2012 totaled 2,634. Even better news, the conviction rate edged up slightly to 93 percent.
The report has lots of other data, including that in the table below comparing the 2010 through 2012 fiscal years.
*Sentence includes confinement to federal prison, halfway house, home detention or some combination thereof.
But this week's By the Numbers honor goes to the smaller, but significant figure of 2.7.
The report notes that the increased 2012 enforcement efforts were accomplished with 2,657 IRS CI special agents on staff, a 2.7 percent decrease in investigators compared to FY 2011 personnel.
You can peruse the 28-page report for details on notable prosecutions in 2012, as well as details on CI actions in other investigative areas including:
- Identity Theft
- Fraud Referrals
- Offshore Tax Evasion
- Tax Treaty cases
- Sovereign Citizen cases
- Money laundering
CI special agents also look into terrorist financing, public corruption and work with the Organized Crime Drug Enforcement Task Force.
Drugs, money, foreign accounts. No wonder folks want to be T-men.
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