H.R. 3482 – Tax Crimes and Identity Theft Prevention Act

Wednesday, February 13th, 2013 @ 11:35PM

H.R. 3482, Tax Crimes and Identity Theft Prevention Act introduced in the House on November 18, 2011.

  • Requires the IRS to correct a victims tax return within 90 days of notification of the fraud.
  • Allows for sharing of information between federal and state law enforcement involved in an investigation into Id theft/tax fraud. It provides for enhanced penalties.
  • Provides for criminal penalties for using a false identity in connection with a tax fraud.
  • Provides for increased penalties for improper disclosure or use of information by preparers of returns.
  • Provides for a PIN system to prevent theft.
  • Limits the amount of money to $10,000,000 per year that the IRS Commissioner can use for enforcement in preventing and resolving cases of tax fraud.
  • Creates a liaison between state and local law enforcement. Requires IRS to provide an annual report on tax fraud and submit it to the Committee on Finance of the Senate and the Ways and Means of the House.
  • Requires the Comptroller General to examine the role of debit cards and commercial tax preparation software in fraudulent tax returns.
  • Places restrictions on the Death Master File to only those persons that the Secretary of Commerce determines has a legitimate fraud prevention interest in the information.
  • Requires the Federal Bureau of Prisons to come up with a detailed plan on how to reduce prison tax fraud.
  • Provides that the Attorney General can provide grants to state and local law enforcement for the investigation and prosecution of tax crimes annually up to $50,000,000.

View House Bill 3482 (PDF)

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