What You Need to Know About IRS Criminal Investigation Procedures
The IRS Criminal Investigation (CI) Division investigates and recommends prosecution of dishonest taxpayers. The CI Division includes thousands of employees and 2,500 special agents who investigate tax, money laundering and Bank Secrecy Act violations, according to the IRS. Other federal agencies assist in money laundering and some bank secrecy act investigations, but it’s the IRS that leads the way in investigating potential criminal violations of the Internal Revenue Code.
The IRS initiated over 3,300 CIs in 2016 alone, according to the agency, and almost 2,700 taxpayers were sentenced, with almost 80% serving some prison time and the average months served topping 40. Do you want to gamble with these numbers? Although every client who becomes the subject of a CI should be referred to an experienced white collar defense attorney, non-attorney tax practitioners have an important role in the defense of the taxpayer.
Join this session by tax attorney Robert McKenzie to learn about the current criminal investigation initiatives of the IRS. The session will discuss the best ways for the non-attorney to assist a client and his or her attorney during a criminal investigation.
IRS criminal investigation (CI) procedures
Assisting the attorney in a CI defense
NASBA & IRS Category of Study: Taxes
Who Should Attend
CPAs and Enrolled Agents
Finance and Accounting Professionals
Accounting and Taxation firms
Law firms dealing with tax issues
For-profit businesses involved in joint ventures with nonprofit organizations
Robert E. McKenzie is a partner of the law firm of Saul Ewing Arnstein & Lehr LLP of Chicago, Illinois, concentrating his practice in representation before the Internal Revenue Service and state agencies. He has lectured extensively on the subject of taxation. He ...