On 7/31/14, Senators Wyden and Hatch proposed a comprehensive identity theft bill to reduce identity theft related to federal tax filings. This addresses a serious issue. Individuals should not have to worry that federal tax filings may lead to theft and costly use of their tax identification number. While tax reform bills have also included provisions to lessen identity theft, such proposals should not have to wait for a full tax reform bill to be enacted (which will likely take until at least 2016). The IRS has also ramped up its efforts to reduce identify theft, but needs more assistance.
Tag Archive for S. 2736
18 Aug 2014
No comments | Tags: ask tax questions, Audit Assistance, Audit Representation, Find A Tax Advisor, find a tax professional, Find Chartered Tax Accountant, Find Tax Advisor, Find Tax CPA, Find Tax Lawyer, Find Tax Preparer, Find Tax Pro, find tax professional, Identity Theft, S. 2736, Tax Blog, Tax Refund Theft Prevention Act, TaxConnections, TaxConnections Blog