A federal audit estimates annual tax fraud losses at $116 billion to $304 billion.
A September 2026 GAO report estimates annual federal tax fraud losses between $116 billion and $304 billion, using data and information from 2018 through 2024.
GAO recommends that the IRS document an antifraud strategy and designate an entity to coordinate fraud-risk management. The IRS partially agreed with both recommendations. GAO emphasizes uncertainty in the estimate and says it cannot predict exact future losses.
The audit raises a practical accountability question: how will prevention, detection, and response be coordinated? The recommendations provide a concrete basis for following the agency’s progress.
A federal witness was the intended target. An innocent neighbor lost her life.
The Justice Department has reopened the petition process for people who did not previously file.
The case began with reports of missing mailed credit cards and unauthorized transactions.
