The odds of being criminally prosecuted by the Internal Revenue Service have fallen as a result of budget cuts at the hands of Congress, decreasing from 13.3 per million population in fiscal year 2013 to 9.2 per million in FY 2015, according to new research.
The report, from Syracuse University’s Transactional Records Access Clearinghouse, or TRAC, noted that this is the lowest number during the Obama Administration. However, it is higher than during the preceding Bush administration. The number of prosecutions that originated as referrals from the IRS Criminal Investigation division was only 1,633 in fiscal year 2015.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access