On June 19, the Electronic Tax Administration Advisory Committee (ETAAC) held a public meeting and released its Annual Report to Congress (Publication 3415). The report includes recommendations to improve electronic tax administration and combat identity theft tax refund fraud (IDTTRF). APA has two members on ETAAC: APA Director Luanne Brown, CPP, and Jenine Hallings.
ETAAC’s recommendations
ETAAC’s report has 10 recommendations that fall into three broad categories:
- Strengthen and expand the Security Summit and the IDTTRF Information Sharing and Analysis Center (ISAC)
- Improve security in key areas of the tax system
- Protect and enable taxpayers
The recommendation with the biggest impact on payroll is for the IRS to engage and to integrate the payroll community more fully into the Security Summit. ETAAC believes the payroll community “possesses information that is an attractive target for IDTTRF cybercriminals, and also has insights that can help detect and prevent IDTTRF.” The report states that the IRS can better protect payroll information and improve its ability to detect and prevent IDTTRF by more fully integrating payroll community.
To learn more about federal and state laws, regulations, and information to keep your company's payroll operations in compliance, check out Payroll Source Plus!
