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CSPAN Key Capitol Hill Hearings March 13, 2015

Challenges and we will continue to devote our available resources in this area. I would ask, and i know much of what you say has to be short if you had to itemize one or two or three action items we could work on resources are other tools you need to do your job what do you hope we would do . Caroline ciraolo Holding Hearings like today are critical to getting word out to the American Public. Our elected representatives taking the message back to their home state and making sure the information is out there as often and as loud as possible. Many of these scams can be stopped if the American Public is educated, and having a centralized locations for that information is a wonderful idea. It gives me hope that we will see further information in the future. Thank you. What should congress do . I echoed what she said. The ....

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CSPAN Tax Scam Protection March 12, 2015

Sanctions. We will not get any sanctions because the other countries will not go with it. Host ok, we are all out of time on capitol hill right now. Before the Senate Finance Committee Testimony to be had about protecting taxpayers from schemes and scams during the 2015 tax Filing Season. That is the topic. We will bring you live coverage on cspan. Welcome. The Committee Meets to talk about growing criminal activity that is threatening taxpayers across the country. These criminal acts are prevented by themes hiding behind telephone lines and computers, preying on august taxpayers on august taxpayers and robbing them of tens of billions of dollars a year. We are here to hear about federal and state officials on the fight to catch these crooks and protect taxpaye ....

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CSPAN Key Capitol Hill Hearings March 14, 2015

As noted by the witnesses in Opening Statements and the committee members, one of the challenges that the criminals are out there watching the Internal Revenue service. They realize that they . 1 trillion goes to the irs on an annual basis and 300 74 billion in refunds. It is a very ripe target for them. As iris continues to try and advance its filters in advance to new approaches to the fraud the criminals change because it is a lucrative environment. Our audit staff continues to look at the filters the irs has in place and comment and recommend additional or improved filters. We have seen improvement in some of them, but if he can that it continues to be a major and challenge to keep up with communal enterprise. Thank you very much. This has been a superb panel and thank you for the wonderful work that you are doing in our state particularly for older people. I think ....

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CSPAN Key Capitol Hill Hearings March 13, 2015

Blue, declaring that the victim has want a lottery. In order to declare the winnings, they must first pay the tax to the irs. The lottery scam often, but not always, originates from outside of the United States. In the end, the victims pay the money, but they never received any lottery winnings. Just as serious as these scams the risk of taxpayer refund Identity Theft. The irs has made improvements in identification of Identity Theft returns before fraudulent tax refunds are released. Continued attention is needed to effectively combat this crime. For example, the irs still does not have timely access to thirdparty income and withholding information. Most of the thirdparty information is not received by the irs until well after the taxpayers begin filing returns. The deadline for most information returns with irs is march ....

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CSPAN Tax Scam Protection March 16, 2015

That is long overdue as far as im concerned and well get into it. I have to apologize. Senator widen is not here yesterday. But hes coming. In this town especially right here on this committee, we often talk in terms of hundreds of millions, billions or even trillions of dollars. Some joke about a number called budget dust even if that number has nine or 10 zeros behind it. But let me tell you about a number that is truly stunning, 15,800 dollars. Thats saved through hard work, sacrifice and honest living. Thats 800 saved for the down payment for a new house for a growing family. And that 15,800 in savings is wiped away by criminals who use fire confusion and intimidation as their weapons. This is a story of the degan family from utah. And i would like to play a news clip from kcbx to tell us their story. Can we do that . These crooks have gotten a lot more sophisticated and a lot more aggressive. But he learned that the hard way one week ago. Brendan and
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