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Identity Theft

Washington Alert – RSC’s tax choices; TIGTA on filing season; JCT on background for business reform; TIGTA alert re IRS and phony iTunes gift cards

Washington Alert – RSC’s tax choices; TIGTA on filing season; JCT on background for business reform; TIGTA alert re IRS and phony iTunes gift cards

On April 22, the Republican Study Committee (RSC) released the conservative caucus’s tax policy recommendations. Perhaps most eye-catching of the suggestions was a proposal to repeal (sunset) the current tax Code at the end of 2019 in order to force Congress to finally act on comprehensive tax reform. Other suggestions included: collapsing the current seven […]

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April 22 — Senate Finance Committee approves bills to prevent identity theft and refund fraud & improve taxpayer protection

April 22 — Senate Finance Committee approves bills to prevent identity theft and refund fraud & improve taxpayer protection

On April 20, the Senate Finance Committee favorably reported out the “Prevent Identity Theft and Tax Refund Fraud” bill, which would require IRS to develop guidelines for identity theft refund fraud cases to reduce burdens for victims, and to prepare a report on identity theft refund fraud (which would include information on victim response time). […]

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Telephone scam artist: ‘Americans are fools’

Telephone scam artist: ‘Americans are fools’

As reported in the news of the OC Register:  Telephone scam artist: ‘Americans are fools’ The con man was looking for a mark, but instead he got a cop. Damon Tucker, head investigator for the Major Fraud Unit in the Orange County District Attorney’s Office, was checking voice messages on his personal cellphone when he […]

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Phishing season in full swing as tax deadline looms

Phishing season in full swing as tax deadline looms

As reported in the AP news, Phishing season in full swing as tax deadline looms. NEW YORK (AP) — Tax day is a little more than a month away, which means phishing season is in full swing. The IRS says it’s seen a “surge” this year in phishing emails, with thieves baiting special hooks for payroll […]

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Snapchat, Seagate among companies duped in tax-fraud scam

Snapchat, Seagate among companies duped in tax-fraud scam

As reported in the AP news, Snapchat, Seagate among companies duped in tax-fraud scam SAN FRANCISCO (AP) — Tax-filing season is turning into a nightmare for thousands of employees whose companies have been duped by email fraudsters. A major phishing scheme has tricked several major companies — among them, the messaging service Snapchat and disk-drive […]

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Hacking of taxpayers’ IRS accounts was worse than initially reported

Hacking of taxpayers’ IRS accounts was worse than initially reported

IRS Statement On “Get Transcript.” IRS has announced that the “Get Transcript” hacking incident discovered last May was more widespread than initially thought and that approximately 390,000 additional taxpayer accounts were potentially accessed during the period from January 2014 through May 2015. The Treasury Inspector General for Tax Administration (TIGTA) conducted a 9-month long investigation […]

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US tax agency identifies more cyberattacks to access tax data

US tax agency identifies more cyberattacks to access tax data

(Reuters) – The U.S. Internal Revenue Service said on Friday an investigation into a hacking attack revealed in May found that cyber criminals had made attempts to gain access to about 390,000 additional taxpayer accounts. The tax agency said 295,000 taxpayer transcripts were also targeted but access was not successful. (1.usa.gov/1Lj1iRA) The agency said in […]

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Less than a month into filing season, IRS systems breached

Less than a month into filing season, IRS systems breached

Criminals attacked the IRS’ digital systems in an attempt to steal data that could be used to collect fraudulent refunds, the agency announced last week. The incident was the latest in a string of identity theft-related breaches that have been announced by tax officials and tax software companies this year. The news also comes shortly […]

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“Returns” filed by identity thieves are invalid; IRS may disclose information to victims

“Returns” filed by identity thieves are invalid; IRS may disclose information to victims

  Program Manager Technical Advice 2015-019 In Program Manager Technical Advice, IRS has concluded that purported returns filed in two different identity theft scenarios weren’t returns under the Code, that information on the purported returns was nonetheless return information, and that IRS could disclose that return information to the identity theft victim for purposes of […]

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New verification code will appear on some 2015 W-2 forms

New verification code will appear on some 2015 W-2 forms

IRS website: IRS Tests W-2 Verification Code for Filing Season 2016  IRS is putting a new verification code on Copies B & C of some payroll firms’ W-2 forms in order to test its capability to verify the authenticity of Form W-2 data. The test is one in a series of steps IRS is taking […]

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Washington Alert – “Taxes, Security, Together”; IRSAC released its annual report; TIGTA reports IRS needs to improve its audit coverage of high-income taxpayers

Washington Alert – “Taxes, Security, Together”; IRSAC released its annual report; TIGTA reports IRS needs to improve its audit coverage of high-income taxpayers

IRS, state tax administrators and the private-sector tax industry launched the “Taxes. Security. Together.” campaign with the goal of encouraging people to protect their personal and financial data online and at home. (IR 2015-129) According to IRS, the campaign, which will run through the April tax deadline, “is designed to raise public awareness that even […]

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IRS, states, and tax industry provide update on collaboration to fight identity theft refund fraud

IRS, states, and tax industry provide update on collaboration to fight identity theft refund fraud

IR 2015-117; Fact Sheet 2015-23, October 2015 Click here for IRS Commissioner Koskinen’s Press Remarks on Security Summit (Oct. 20, 2015) The “Security Summit” (the Summit), a group that includes IRS, state tax authorities, and tax industry firms, has issued an update on the progress made by the Summit’s working groups in their collaborative effort […]

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IRS issues FAQs and instructions on Identity Protection Personal Identification Numbers

IRS issues FAQs and instructions on Identity Protection Personal Identification Numbers

Click here for IRS’s “IP PIN Program Update: Numbers Must be Entered for All IP PIN Holders.” Click here for IRS’s “Frequently Asked Questions about the Identity Protection Personal Identification Number (IP PIN).” IRS has issued a series of frequently asked questions (FAQs) about Identity Protection Personal Identification Numbers (IP PINs) on its website. IRS […]

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Washington Alert – GAO Report on federal low-income programs; TIGTA Report on IRS seizure & sale procedures; TIGTA to report on IRS’s Identity Protection Specialized Unit (IPSU)

Washington Alert – GAO Report on federal low-income programs; TIGTA Report on IRS seizure & sale procedures; TIGTA to report on IRS’s Identity Protection Specialized Unit (IPSU)

In 2012, 106 million people received benefits from one or more of eight selected federal low-income programs, which included the EITC and the additional child tax credit, according to a Government Accountability Office (GAO) survey that was recently reported. (GAO-15-516). Of the eight programs, the EITC and the Supplemental Nutrition Assistance Program (SNAP) “moved the […]

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Identity protection services provided to individuals affected by data breach aren’t taxable

Identity protection services provided to individuals affected by data breach aren’t taxable

Ann. 2015-22, 2015-35 IRB IRS has announced that when an individual receives identity protection services from an organization at no cost following a data security breach, the individual isn’t required to include the value of those services in gross income, and the organization isn’t required to report these amounts on information returns filed with respect […]

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IRS transcript-related data breach was larger than originally announced

IRS transcript-related data breach was larger than originally announced

IRS has announced that criminals gained unauthorized access to information on approximately 220,000 more taxpayers than it had previously reported through IRS’s “Get Transcript” application. The data included taxpayers’ Social Security information, date of birth, and street address. Click here for IRS’s “Additional IRS Statement on the ‘Get Transcript’ Incident” (Aug. 17, 2015). Background. In May, […]

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US tax agency says cyberattacks more extensive than previously thought

US tax agency says cyberattacks more extensive than previously thought

WASHINGTON (Reuters) – The U.S. Internal Revenue Service (IRS) said Monday a hacking attack into one of its computer databases revealed in May was much more extensive than previously thought, with nearly three times as many taxpayers hit by data theft. The IRS said in late May the tax return information of about 114,000 U.S. […]

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IRS has authority to limit e-filing access where stolen identity is used

IRS has authority to limit e-filing access where stolen identity is used

Program Manager Technical Advice 2014-08   In a Program Manager Technical Advice (PMTA), IRS has concluded that it has the authority to adopt rules that deny an application to become an IRS e-file Provider or expel an individual from participation in the IRS e-file, when a stolen identity is used to apply for an electronic […]

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IRS & Tax Industry Join Together to Fight Identity Theft Refund Fraud

IRS & Tax Industry Join Together to Fight Identity Theft Refund Fraud

Click here for IRS Commissioner Koskinen’s Press Remarks on Security Summit. Click here for 2015 Security Summit Report, “Protecting Taxpayers from Identity Theft Tax Refund Fraud.” Following a three-month effort, IRS has announced that IRS and leading tax partners, including tax preparation and software firms, payroll and tax financial product processors and state tax administrators, […]

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IRS to team with tax firms on fighting identity theft, fraud

IRS to team with tax firms on fighting identity theft, fraud

WASHINGTON (Reuters) – The U.S. Internal Revenue Service said on Thursday that it was teaming up with tax industry firms to try to protect taxpayers from identity theft and tax refund fraud by, for instance, monitoring electronic tax return filings for telltale signs of trouble. Tax-fraud identity theft is a widening problem. The IRS said […]

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Meet Paul Raymond

Meet Paul Raymond

Mr. Raymond is a sought after speaker in tax controversy law by many attorney, accountant, and business groups and at the request of the Internal Revenue Service, has presented programs at the IRS Nationwide Tax Forum, attended by tax professionals throughout the United States.

Additionally, he continues to be an active member in the Section of Taxation, American Bar Association, where he was the Past Chair of the Employment Taxes Committee.

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Member CA Bar Member Orange County Bar US Tax Court Attorney