(USA) House Ways and Means Subcommittees To Hold Joint Hearing On Identity Theft and Tax Fraud

Posted by: Jan Meisels Allen

House Ways and Means Oversight Subcommittee Chairman Charles Boustany, Jr., MD (R-LA) and Social Security Subcommittee Chairman Sam Johnson (R-TX) announced that the Subcommittees on Oversight and Social Security will hold a hearing on tax fraud involving identity theft. The hearing will take place on Tuesday, May 8, 2012, in 1100 Longworth House Office Building, beginning at 10:00 A.M EDT.  Oral testimony at this hearing will be from invited witnesses only. However, any individual or organization not scheduled for an oral appearance may submit a written statement for consideration by the Committee and for inclusion in the printed record of the hearing. We have been advised that the only invited presenters will be from government agencies.  See: http://tinyurl.com/7qnot8h

Anyone may watch the hearing by going to the committee website listed above and following the instructions for watching the video at the time of the hearing or clicking on committee videos on the lower left side..

For Processing Year 2011, the Internal Revenue Service (IRS) reported detecting approximately 940,000 tax returns potentially filed by identity thieves and prevented issuing $6.5 billion in fraudulent tax refunds. Treasury Inspector General for Tax Administration (TIGTA)  found that fraudulent refunds acquired through identity theft are significantly greater than the amounts detected. The use of the Death Master File (DMF) also known as the Social Security Death Index (SSDI) has been purchased by other government agencies, financial institutions, life insurance companies, credit reporting organizations, data aggregators, medical researchers, genealogists and others; and purchasers are free to re-disclose the data they obtain. This hearing will explore a major source of the problem - identity thieves who steal Social Security numbers to engage in tax fraud.

This joint subcommittee hearing has been expected since the February 2, 2012  hearing before the House Ways and Means Subcommittee on Social Security.  To read the IAJGS statements submitted following the February 2 hearing and the Senate Finance Committee hearing submitted following the March 20 hearing
see www.iajgs.org and look at the latest Legislative Alert dated March 28, 2012 under "legislation" on the green tab on the left.

Jan Meisels Allen
IAJGS Vice President
Chairperson, IAJGS Public Records Access Monitoring Committee

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