Download or read book Taxes and Identity Theft Status of IRS Initiatives to Help Victimized Taxpayers written by James R. White and published by DIANE Publishing. This book was released on 2011-03-05 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Statement of James R. White, Dir., Strategic Issues, GAO. Identity theft is a serious and growing problem in the U.S. Taxpayers are harmed when identity thieves file fraudulent tax documents using stolen names and Social Security numbers. In 2010 alone, the Internal Revenue Service (IRS) identified over 245,000 identity theft incidents that affected the tax system. The hundreds of thousands of taxpayers with tax problems caused by identity theft represent a small percentage of the expected 140 million individual returns filed, but for those affected, the problems can be quite serious. GAO was asked to describe, among other things, (1) when IRS detects identity theft based refund and employment fraud, (2) the steps IRS has taken to resolve, detect, and prevent innocent taxpayers' identity theft related problems, and (3) constraints that hinder IRS's ability to address these issues.This testimony is based on GAO's previous work on identity theft, which was updated by examining data on identity theft cases and interviewing IRS officials. Figures and tables. This is a print on demand report.
Download or read book Taxes and Identity Theft written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-05-14 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Taxes and Identity Theft: Status of IRS Initiatives to Help Victimized Taxpayers
Download or read book Tax Administration written by James R. White and published by DIANE Publishing. This book was released on 2010 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identity thieves may use a taxpayer's name and social security number to fraudulently claim a refund or gain employment. This creates tax problems for the innocent taxpayer when the IRS discovers a duplicate refund claim or unreported wage income. IRS is revising its strategy for preventing, detecting, and resolving identity theft-related tax problems. This report: (1) describes the extent of identity theft-related refund and employment fraud; (2) assesses IRS's actions to prevent and resolve such problems; and (3) describes IRS's identity theft- related coordination with other agencies. The author analyzed IRS data on identity theft cases, reviewed revisions to the IRS Manual, and interviewed IRS officials responsible for the new strategy. Charts and tables.
Download or read book The Spread of Tax Fraud S Hrg 112 491 05 25 11 112 1 Hearing written by and published by . This book was released on 2014 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Identity Theft and Tax Fraud written by United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Government Organization, Efficiency, and Financial Management and published by . This book was released on 2012 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Spread of Tax Fraud by Identity Theft Status progress and potential solutions written by United States. Congress. Senate. Committee on Finance. Subcommittee on Fiscal Responsibility and Economic Growth and published by . This book was released on 2011 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Spread of Tax Fraud by Identity Theft written by United States. Congress. Senate. Committee on Finance. Subcommittee on Fiscal Responsibility and Economic Growth and published by . This book was released on 2011 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Tax Administration written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-09 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identity thieves may use a taxpayer's name and social security number to fraudulently claim a refund or gain employment. This creates tax problems for the innocent taxpayer when the Internal Revenue Service (IRS) discovers a duplicate refund claim or unreported wage income. IRS is revising its strategy for preventing, detecting, and resolving identity theft-related tax problems. GAO was asked to (1) describe the extent of identity theft-related refund and employment fraud, (2) assess IRS's actions to prevent and resolve such problems, and (3) describe IRS's identity theft- related coordination with other agencies. GAO analyzed IRS data on identity theft cases, reviewed revisions to the Internal Revenue Manual and other agency documents, and interviewed IRS officials responsible for the new strategy.
Download or read book Identity Theft and Tax Fraud written by United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Government Organization, Efficiency, and Financial Management and published by . This book was released on 2012 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book IRS E file and Identity Theft written by United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on Government Organization, Efficiency, and Financial Management and published by . This book was released on 2011 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Identity Theft written by James R. White and published by . This book was released on 2014-10-30 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax refund fraud associated with identity theft (IDT) continues to be an evolving threat, one that imposes a serious financial and emotional toll on honest taxpayers and threatens the integrity of the tax administration system. Within the tax system, IDT refund fraud occurs when a refund-seeking identity thief files a fraudulent tax return using a legitimate taxpayer's identifying information. The Internal Revenue Service (IRS) estimates that millions of IDT refund fraud attempts claiming tens of billions of dollars in fraudulent refunds occurred in 2013. IDT refund fraud also creates administrative costs: In 2014, IRS has approx. 3,000 people working on cases of IDT victims -- more than twice the number of people working on these cases in 2011. IRS recognized refund fraud and IDT as a major challenge affecting the agency in its recently issued strategic plan. This report examines (1) what IRS knows about the extent of IDT refund fraud; and (2) additional actions IRS can take to combat IDT refund fraud using third-party information from, for ex., employers and financial institutions. Table and figures. This is a print on demand report.
Download or read book Case Processing Delays and Tax Account Errors Increased Hardship for Victims of Identity Theft written by Michael E. McKenney and published by . This book was released on 2013-12-08 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Fed. Trade Comm. (FTC) reported that identity theft was the number one complaint in Calendar Year 2012, and government documents and benefits fraud was the most common form of reported identity theft. The Internal Revenue Service (IRS) reported that this crime affected 1.2 million taxpayers in Calendar Year 2012, and an additional 1.6 million were affected in Calendar Year 2013 as of June 29, 2013. Case processing delays and tax account errors increased hardship for victims of identity theft. This audit examined whether the IRS improved its assistance to victims of identity theft. It found that the IRS correctly determined the rightful owner of the Social Security Number in all cases. However, taxpayers continued to face delays, with some cases having significant inactivity during case processing. In addition, tax accounts were not always correctly resolved before the cases were closed. Includes recommendations. Tables and figures. This is a print on demand report.
Download or read book Identity Theft written by United States Government Accountability and published by CreateSpace. This book was released on 2014-09-27 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identity theft tax refund fraud is a persistent, evolving threat to honest taxpayers and tax administration. It occurs when an identity thief files a fraudulent tax return using a legitimate taxpayer's identifying information and claims a refund. GAO was asked to review IRS's efforts to combat IDT refund fraud. This report, the first of a series, examines (1) what IRS knows about the extent of IDT refund fraud and (2) additional actions IRS can take to combat IDT refund fraud using third-party information from, for example, employers and financial institutions. To understand what is known about the extent of IDT refund fraud, GAO reviewed IRS documentation, including the Identity Theft Taxonomy. To identify additional actions IRS can take, GAO assessed IRS and SSA data on the timing of W-2s; and interviewed SSA officials and selected associations representing software companies, return preparers, payroll companies, and others.
Download or read book Tax Administration written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2018-01-15 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tax Administration: IRS Has Implemented Initiatives to Prevent, Detect, and Resolve Identity Theft-Related Problems, but Needs to Assess Their Effectiveness
Download or read book Medical and Dental Expenses written by and published by . This book was released on 1990 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Identity Theft Additional Actions Could Help IRS Combat the Large Evolving Threat of Refund Fraud written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-07-27 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: " Identity theft tax refund fraud is a persistent, evolving threat to honest taxpayers and tax administration. It occurs when an identity thief files a fraudulent tax return using a legitimate taxpayer's identifying information and claims a refund. GAO was asked to review IRS's efforts to combat IDT refund fraud. This report, the first of a series, examines (1) what IRS knows about the extent of IDT refund fraud and (2) additional actions IRS can take to combat IDT refund fraud using third-party information from, for example, employers and financial institutions. To understand what is known about the extent of IDT refund fraud, GAO reviewed IRS documentation, including the Identity Theft Taxonomy. To identify additional actions IRS can take, GAO assessed IRS and SSA data on the timing of W-2s; and interviewed SSA officials and selected associations representing software companies, return preparers, payroll companies, and others. "
Download or read book Identity Theft and Tax Fraud written by United States. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-23 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: IRS estimates that, in 2014, it prevented or recovered $22.5 billion in attempted IDT refund fraud, but paid $3.1 billion in fraudulent IDT refunds. Because of the difficulties in knowing the amount of undetected fraud, the actual amount could differ from these point estimates. IDT refund fraud occurs when a refund-seeking fraudster obtains an individual's identifying information and uses it to file a fraudulent tax return. Despite IRS's efforts to identify and prevent IDT refund fraud, this crime is an evolving and costly problem. GAO was asked to examine IRS's efforts to combat IDT refund fraud. This report (1) evaluates the performance of IRS's TPP and (2) assesses IRS's efforts to improve its estimates of IDT refund fraud costs for 2014. GAO recommends that IRS update its TPP risk assessment and take appropriate actions to mitigate risks identified in the assessment. GAO also recommends that IRS improve its IDT cost estimates by removing refund thresholds and using return-level data where available.
