Tax practitioners and their clients are concerned about the growing epidemic of tax-related identity theft in America - both refund theft and employment theft. At the end of fiscal 2013, the IRS had almost 600,000 identity theft cases in its inventory, according tothe IRS National Taxpayer Advocate.
The AICPA shares members' concerns about the impact of identity theft and offers the resources below to help them learn more about this issue and advise clients. We have provided recommendations to Congress and the IRS Oversight Board on ways to further protect taxpayers and preparers.
||What's Happening in Washington
- AICPA Asks for Changes in Senate Identity Theft Bill
- Written statement presented to the IRS Oversight Board May 1, 2013, Public Forum Panel 2: Working Together to Combat Fraud
- Testimony from April 16, 2013, Public Hearing on Tax Fraud, Tax ID Theft, and Tax Reform: Moving Forward with Solutions
- Truncating Social Security numbers on tax returns
- Comments on the Identity Theft and Tax Fraud Prevention Act of 2013 and Recommendations on Efforts to Combat Identity Theft