Sec. 121. IRS Report on stolen identity refund fraud
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Not later than September 30, 2018, and every even-numbered calendar year thereafter through September 30, 2026, the Secretary 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 stolen identity refund fraud under the Internal Revenue Code of 1986, as based on the most recent data that is available. The report described in subsection
(a)shall include— a discussion of the detection, prevention, and enforcement activities undertaken by the Internal Revenue Service with respect to such fraud, including— efforts to combat stolen identity refund fraud, including an update on the victims’ assistance unit, 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 Internal Revenue Service efforts associated with other avenues for addressing stolen identity refund fraud, information regarding the average and maximum amounts of time that elapsed before resolution of a victim's case, an analysis of ways to accelerate information matching in order to prevent stolen identity refund fraud, an update on the implementation of the relevant provisions of this Act and the amendments made by this Act, and identification of 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. The first report required under this section shall include— an assessment of the progress made by the Internal Revenue Service on identity theft outreach and education to individuals, businesses, State agencies, and other external organizations, and the results of a study on the costs and benefits relating to enhancement of the taxpayer authentication approach employed by the Internal Revenue Service in the electronic tax return filing process.