The IRS Criminal Investigation (IRS-CI) released its fiscal year 2024 Annual Report. It details significant cases involving crimes ranging from tax fraud to cybercrime, enhanced domestic and foreign partnerships, and investigative statistics. IRS-CI obtained 1,571 convictions with a conviction rate of 90%. Investigations identified $2.12 billion in tax fraud and another $7.03 billion from other financial crimes. Categories that saw increased incarceration statistics and higher average sentence lengths from the previous year include abusive tax schemes, identity theft and “questionable” refunds. Read the report: https://bit.ly/3Zu9Ldx
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