The IRS needs a Frank Abagnale.
I read Christopher Bergin’s Forbes post entitled “We Need a Tax Professional to Run the IRS” and it made sense to me. Then I got to thinking about how Congress writes new tax laws and expects the IRS to write the regulations, change the forms and figure out how taxpayers will work around to scam the system. It dawned on me that someone who could do for the IRS what Frank Abagnale did for the FBI might be worth the investment.
If you don’t know who Frank Abagnale is, he’s the conman and forger who was the basis for the movie “Catch Me If You Can” starring Tom Hanks and Leonardo DiCaprio. Abagnale had a nice career forging checks and impersonating professionals like doctors and pilots before the FBI caught him. He later turned his criminal skills to helping the FBI catch other criminals.
I suggest that the IRS look at the people they have caught for tax fraud for someone who can teach them to think like a tax cheat. Someone who can look at all the tax law changes and tell the IRS how they would create a fraud and how the IRS can devise checks for the fraud. The idea is to have the protections in place before the criminals make too much money on their scams.
Just an idea!