IRS catches $2B in tax fraud in 2024


SOURCE: AccountingToday

The Internal Revenue Service's Criminal Investigation (CI) unit uncovered more than $2.1 billion in tax fraud during the fiscal year 2024, highlighting an ongoing crackdown on tax-related crimes across the country. The findings, detailed in a new report, emphasize the IRS's focus on detecting fraudulent activity and holding offenders accountable through advanced investigative methods and technology.

To learn more about the scope of the investigations and the strategies being implemented, you can read the full article  here.