A recent audit reveals that the IRS’s Criminal Investigation (CI) should increase its role in enforcement activities involving identity theft. A Treasury Inspector General for Tax Administration (TIGTA) audit found that, from 2013 to 2017, the number of identity theft investigations initiated by CI declined 75%. Auditors found that many taxpayer-initiated incidents of identity theft weren’t placed in CI’s Scheme Tracking Referral System for consideration in its related process. “By not including these returns, CI may limit its ability to identify fraud characteristics for returns that bypass IRS filters for possible investigation,” TIGTA said. Read the report here at Treasury.Gov Contact us www.mjscpa.com/news/