Sec. 10. Report on refund fraud
209 words·~1 min read·
/bill/114/hr/3832/ih/section-10A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Not later than September 30, 2018, and biannually thereafter through September 30, 2026, the Secretary of the Treasury (or the Secretary’s delegate) shall report to the Committee on Ways and Means of the House of Representatives and the Committee on Finance of the Senate on the extent and nature of fraud involving the use of a misappropriated taxpayer identity with respect to claims for refund under the Internal Revenue Code of 1986 during the preceding completed income tax filing season, and the detection, prevention, and enforcement activities undertaken by the Internal Revenue Service with respect to such fraud, including— detailing efforts to combat identity theft fraud, including an update on the victims’ assistance unit; providing an update on Internal Revenue Service efforts and results associated with limiting multiple refunds to the same financial account and physical address, with appropriate exceptions; and discussing Internal Revenue Service efforts associated with other avenues for addressing identity theft refund fraud.
In addition, each report shall provide an update on the implementation of this Act, analyze other ways to accelerate information matching, and identify the need for any further legislation to protect taxpayer resources and information, including preventing tax refund fraud related to the Internal Revenue Service’s e-Services tools and electronic filing identification numbers.