This week’s OSIN {One Story In Numbers} presents the key highlights from the IRS -CI Annual Report 2022.

In fiscal year 2022, the IRS initiated over 2,550 criminal investigations and identified billions of losses and convictions. In the same year, IRS had 2,077 special agents who dedicated approximately 70% of their time to investigating tax-related offenses, such as tax evasion and tax fraud. Additionally, nearly 30% of their time was spent on cases involving money laundering and drug trafficking. Throughout the year, these special agents identified over $31 billion from tax and financial crimes, while the agency seized assets valued at around $7 billion.

It is important to note that the IRS Criminal Investigation is the sole U.S. federal law enforcement agency exclusively focused on financial investigations.