Tax evaders are contributing to an ever-widening tax gap, putting additional strain on government agencies already facing shortfalls. The entire community suffers when there’s fewer resources to go around. But that’s not the only problem: Tax ID fraud causes a very different—very significant—sort of harm to victimized individuals and businesses.You need tools to agilely identify and respond to a wide array of traditional and emerging threats. At LexisNexis® Risk Solutions, that’s what we do for tax and revenue agencies everyday.
Spot Under-Reporters and Tax Evaders
Our solutions make it easier to detect individuals who purposely omit key data that may impact the amount they owe. Fully understand the individuals and businesses you’re dealing with — and their hidden connections — in one comprehensive view. Leverage our massive consumer identity data and unique data set to get an unprecedented look into household information, business ownership, assets and other vital data relative to an individual’s tax reporting. Even in the case of business tax fraud, that consumer view is so vital because businesses don’t perpetrate fraud: the people associated with the business are the violators.
Harness our unique strengths into your advantage:
Combat Identity Fraud without Adding Undue Friction
Law-abiding taxpayers shouldn’t have to put up with security burdens created by fraudsters. Our platform approach and broad set of solutions enable you to implement multi-layered, risk-based processes for authentication and fraud mitigation. Meaning, you can provide streamlined access for trusted users while increasing scrutiny or implementing step-up measures on riskier ones.
For example, we can help you better differentiate between a trusted individual and a cyber-threat by leveraging combined physical and digital identity attributes (address, phone number, date of birth, SSNs, court filings, device ownership, locations, past behaviors) compiled from a cross-industry contributory network. This robust knowledge bank unearths hidden details that signal suspicious behaviors and evolving cybercrime threats such as bot attacks and synthetic identities.
We also help protect against tax refund identity fraud and account takeovers, making it possible to accurately detect the use of location and identity cloaking services. Bring hidden proxies and VPNs into the light. See the true IP address, geolocation and other attributes of each transaction. Quickly cross-check identities against agencies in bordering or faraway states before approving applications.
Fraud is a complicated area, and it takes special expertise to stay on top of emerging threats that may be happening across all industries. Don’t navigate this landscape alone. Count on the LexisNexis® Risk Solutions Special Investigations Unit for the latest intelligence and hands-on help where needed.
This group of cross-trained analysts stand ready to support you with updated skills, tools and knowledge drawn from professional experience in law enforcement, national security intelligence, military intelligence and fraud prevention. They’re uniquely able to uncover identity patterns of fraud and solve special challenges including:
Locate and identify people, businesses and assets
Visualize complex relationships to locate people and businesses quickly
Prevent fraudulent claims and create new revenue sources
Resolve debtor identities and collect more revenue
Get a clear view of your program’s participants to pinpoint fraudsters and stop improper payments.
Prevent fraud while providing a positive online experience for citizens
Prevent fraud with next-generation digital identity assessment by ThreatMetrix®