Ways and Means Seeks IRS Action on Minnesota Non-Profit Fraud Scheme
House Ways and Means Committee Chairman Jason Smith (R-MO) urged the IRS to take action to prevent taxpayer-funded fraud from …
AI-Driven Fraud Risk Heightened for 2026 Filing Season
Tax professionals and their clients will face increasingly sophisticated AI-driven fraud schemes during the upcoming tax filing season. However, one …
Benford’s Law Spotlighted as a Practical Early Warning Tool to Help Identify Fraud at PayrollOrg’s Annual Leaders Conference
Payroll fraud remains a persistent risk for employers—and analytics is increasingly central to the response. According to the Association of …
IRS Asks for Help With Combatting Digital Asset Fraud
The IRS is looking for new ways to spot illicit activity in the digital asset space — and it wants …
At Hearing on Combating Fraud, Some Call for Repeal of Corporate Transparency Act
A recent House subcommittee hearing featured a discussion on how to best protect Americans from the growing risk of financial …
IRS Criminal Investigation Boasts 90% Conviction Rate in FY24
In its fiscal year 2024 annual report, the IRS Criminal Investigation (IRS-CI) unit announced its workforce grew to its biggest size …
SEC Acting Chief Accountant Urges Auditors to Step Up in Detecting Corporate Fraud
Securities and Exchange Commission Acting Chief Accountant Paul Munter issued an Oct. 11, 2022, public statement, urging auditors to do …
House Passes to Set up Joint SEC-CFPB Fraud Group
By Bill Flook The House on September 21, 2020, passed legislation that would set up a joint working group between …