Tax Refund Investigative Solution

Detect fraud and boost tax revenues within your jurisdiction. Federal and state governments lose up to millions of dollars each year from tax refund fraud because they do not have access to the public records and identity based filters they need or the resources to analyze the data in order to detect fraud. LexisNexis Tax Refund Investigative Solution helps solve these problems. With billions of current identity records collected from thousands of accurate and reliable sources, LexisNexis Tax Refund Investigative Solution quickly screens tax refund requests for potential fraud. Our proven identity authentication tools bundled with advanced linking and analytics capabilities help agencies detect fraudulent claims tied to tax refund requests and identify potentially millions of dollars in lost revenue in taxes, as well as creating new revenue sources for years to come.

Detect Fraudulent Tax Activity

    Cases of taxpayer identity theft continue to be a growing concern. This disconcerting trend not only hurts the citizen, whose information and refund has been stolen—it diverts resources away from serving citizens. Federal, state and local employees expend valuable time working with citizens to resolve the issue and recoup the refund.

    LexisNexis Tax Refund Investigative Solution is a powerful yet simple way for government tax agencies to screen and verify refund requests and prevent the issuing of checks for fraudulent claims.

      Stopping Tax Refund Fraud

        LexisNexis Tax Refund Investigative Solution quickly screens tax refund requests against billions of current LexisNexis® identity records collected from thousands of accurate and reliable sources. Our proven identity authentication tools confirm that submitted refund data is valid and use advanced linking and analytics capabilities to verify that the various data pieces are accurate.

          Precision Authentication

            If a returned record is flagged with a fraud indicator, the suspicious individual will have to answer a series of identity authentication questions that may request highly personalized information, such as: familial relationships, former residences, vehicles and similar information. The intuitive question sets are easy for consumers to verify and virtually impossible for fraudsters to answer. Plus, the question sets are fully customizable for adaptation to your risk policies, procedures and requirements. LexisNexis® Identity Authentication questions are seamlessly integrated into the tax agency’s website using an XML feed to support the existing website user interface.

              Key Indicators Isolate and Flag Tax Refund Requests that are Suspicious

                Common fraud indicators flag and stop potential fraudulent issuance of refund checks by isolating the following:

                • SSN provided is reported as deceased
                • SSN provided was issued prior to the input date of birth
                • Address used matches a prison address
                • SSN provided is invalid or not yet issued
                • Last name used is not associated with the SSN provided
                • SSN provided is recently issued
                • Multiple identities are associated with the SSN provided

                  Accurate and Comprehensive Data

                    Comprehensive public and proprietary databases guarantee the most accurate and up-to-date information.

                      Our Revenue Discovery Solution Consultants Understand Your Agency

                        Dedicated LexisNexis® Revenue Discovery Solution Consultants are specialists in the collections processes, so you’re assured of solutions best suited to fit your agency's needs. From custom solution development through implementation and beyond, your solution consultant is at your side. And knowing you have the right party contact information–right out of the gate–instills confidence in dialing, mailing and alternative contact strategies. Read more about the benefits of our Revenue Discovery Solution.


                        Get it now: for more information about Tax Refund Investigative Solution, please call (866) 528-0778.

                         

                        The information found in the Tax Refund Investigative Solution is not a consumer report (as defined in the Fair Credit Reporting Act (FCRA)) and may not be used for any purpose permitted by the FCRA. LexisNexis and the Knowledge Burst logo are registered trademarks of Reed Elsevier Properties Inc., used under license. Other products and services may be trademarks or registered trademarks of their respective companies.