LATEST SENATOR NELSON
U.S. Sen. Bill Nelson (D-FL) today reintroduced legislation aimed at combating ID theft-related tax fraud.
The legislation seeks to deter criminals who commit tax fraud using a stolen identity by increasing penalties on both identity thieves, and on paid tax preparers who fail to keep taxpayers’ identifying information secure. It would also expand the agency’s PIN program designed to provide taxpayers an extra level of security, and would direct the IRS to speed up the time it takes the agency to resolve ID-theft cases so victims can get their refunds sooner.
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