Archive · 13 Dec 2025
IRS Uncovers $10.6 Billion in Financial Crimes
The IRS found a lot of money that was being used for bad things, like tax fraud and other financial crimes.
They found $10.6 billion in total, which is a lot more than last year.
They also gave out more warrants and sent more cases to prosecutors.
The IRS is working with banks and using special tools to find these crimes.
They are also helping with some of the Trump administration's priorities, like stopping people from hiring workers who are not supposed to be working in the US.
The IRS is not talking about the 'tax gap' anymore, which was a big deal when Biden was in charge.
The IRS uncovered $10.6 billion in financial crimes, a 16% increase from the previous year.
The agency identified $4.5 billion in tax fraud, a 112% increase from the previous year.
The IRS issued 25% more warrants and referred 14% more cases to prosecutors.
The increase in identified crimes is attributed to shifting priorities, advanced analytics, and partnerships with financial institutions.
The IRS is supporting the Trump administration's agenda, including targeting labor brokers involved in employing undocumented workers.
- Who
- Internal Revenue Service (IRS)
- What
- Uncovered $10.6 billion in financial crimes, including $4.5 billion in tax fraud
- When
- Federal fiscal year ending September 30
- Where
- United States
- Why
- Shifting priorities, advanced analytics, partnership with financial institutions, and support for Trump administration's agenda
- Total Financial Crimes Identified
- $10.6 billion
- Increase from Previous Year
- 16%
- Tax Fraud Identified
- $4.5 billion
- Increase in Tax Fraud
- 112%
- Other Financial Crimes
- $6 billion
- Increase in Warrants Issued
- 25%
- Increase in Cases Referred to Prosecutors
- 14%
- New Focus Areas
- Labor brokers, undocumented workers, National Guard deployments