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Tax Fraud, Cybercrimes, and Identity Theft – Oh my!

by | Nov 20, 2020 | Audits, IRS, Tax Crimes |

The IRS released its 2020 Criminal Investigation Annual Report touting an impressive achievement over the fiscal year of identifying more than $10 billion in tax fraud and other financial crimes.

Despite the pandemic, the division investigated 1,600 cases to thwart crime and protect taxpayers.  The special agents targeted not only international financial crimes, cybercrimes, and abusive tax schemes, but they also focused on new crimes including fraudulent claims for Economic Impact Payments, Paycheck Protection Program loans, and refundable payroll tax credits form the Coronavirus Aid, Relief, and Economic Security Act.

The Criminal Investigation Division has kept up with the times and criminal activity by focusing on cybercrimes and the impact on all financial crimes.  To read the complete report and details of CI’s activities, including a remarkable conviction rate of over 90%, click here.



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