Bloomberg Tax
Dec. 2, 2021, 9:45 AM

IRS Criminal Investigation Report Highlights Pandemic Year Work

Kelly Phillips Erb
Kelly Phillips Erb
Editor

More than ten billion dollars. That’s how much money was identified by the IRS-Criminal Investigation department, sometimes called CI, from tax fraud and financial crimes in the past fiscal year.

It’s a breathtaking figure, nearly as much—about 90%—as the entire IRS budget for the fiscal year that ended Sept. 30, 2021, according to CI’s recent annual report.

About CI

That’s true despite the department’s size. CI comprises just under 3,000 employees worldwide; about 70% of those employees are special agents who tackle crimes focusing on tax, money laundering, and Bank Secrecy Act laws.

CI “follows ...

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