Criminal investigations down in staffing and investigations

The number of new IRS criminal investigations fell markedly in fiscal 2014 from the year before, the Service's Criminal Investigation Division reported (Annual Business Report, available at Investigations initiated decreased from 5,314 in fiscal 2013 to 4,297 in 2014, or by 19%. Other benchmarks, including indictments and convictions, also fell, although the number of defendants sentenced increased. The number of special agents within the division decreased as well, from 2,541 in 2013 to 2,465, continuing a long-term staffing decline. The number of agents is projected to drop to 2,139 in 2016, down 36% from the historically highest number of 3,363 in 1995.


Year-end tax planning and what’s new for 2016

Practitioners need to consider several tax planning opportunities to review with their clients before the end of the year. This report offers strategies for individuals and businesses, as well as recent federal tax law changes affecting this year’s tax returns.


News quiz: Retirement planning, tax practice, and fraud risk

Recent reports focused on a survey that gauges the worries about retirement among CPA financial planners’ clients, a suit that affects tax practitioners, and a guide that offers advice on fraud risk. See how much you know with this short quiz.


Bolster your data defenses

As you weather the dog days of summer, it’s a good time to make sure your cybersecurity structure can stand up to the heat of external and internal threats. Here are six steps to help shore up your systems.