IRS seized millions from lawful businesses.

• Position: TIGTA

The Criminal Investigation Unit of the IRS seized more than $17 million from individuals and businesses that weren't in violation of the Bank Secrecy Act's anti-structuring provisions, according to a report by the Treasury Inspector General for Tax Administration.

The Bank Secrecy Act requires financial institutions to report currency transactions of more than $10,000, and it's a crime for property owners to structure those transactions in ways that avoid the law's filing requirements, which makes them subject to civil or criminal forfeiture...