The IRS has released its Criminal Investigations Annual Report for 2020. During 2020, the IRS Criminal Investigations division initiated nearly 1,600 investigations and identified $2.3 billion in tax fraud schemes. As the only federal law enforcement agency with jurisdiction over federal tax crimes, Criminal Investigations has one of the highest conviction rates in federal law enforcement: 90.4%. In fiscal year 2020 alone, more information was shared through the Joint Chiefs of Global Tax Enforcement committee regarding cryptocurrency, tax crimes, and related enforcement, than in the previous ten years combined. The full report can be found at: www.irs.gov/pub/irs-pdf/p3583.pdf.
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