A Word on Compliance

The video provides an overview of the IRS criminal division, highlighting its role in investigating financial crimes, particularly tax-related offenses. It discusses the division's focus areas, including abusive tax schemes, international tax enforcement, and the impact of cryptocurrency. The use of data in investigations is emphasized, along with the challenges of limited manpower. The video also covers corporate fraud, compliance issues, and the Foreign Account Tax Compliance Act (FATCA).

In what ways does the IRS collaborate with other law enforcement agencies?

How does the IRS prioritize its investigations in the area of tax crimes?

What are the challenges faced by the IRS in combating tax crimes?

What impact does the decline in the number of IRS agents have on its operations?