A sign for the Internal Revenue Service in Washington on Feb. 13, 2025. The Internal Revenue Service commissioner has the authority to revoke an entity’s tax-exempt status. Kayla Bartkowski/Getty Images
U.S. criminal investigators identified $10.59 billion in financial crimes in fiscal year 2025, as the IRS’s law enforcement arm intensified enforcement against pandemic-era fraud schemes while continuing to broaden its reach beyond traditional tax cases to encompass cybercrime, money laundering, narcotics trafficking, and national security investigations.
IRS Criminal Investigation (IRS-CI) officials said on Dec. 12 that many of the agency’s fiscal 2025 enforcement results stemmed from multi-year investigations into pandemic-era fraud, which the annual report shows are now yielding prosecutions and lengthy prison sentences after years of financial analysis, digital evidence collection, and coordination with prosecutors.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.
Read Full Article: https://www.theepochtimes.com/us/irs-reports-10-6-billion-in-financial-crimes-as-enforcement-expands-beyond-taxes-5957440
