Viewing entries tagged
tax

New Tax Fraud Scam Targeting Tax Professionals

With the emergence of a new tax fraud scheme, The Internal Revenue Service is urging tax professionals to step up security and beware of phishing emails that can secretly download malicious software that can help cybercriminals steal client data.

Only a few days into the filing season, a scam was identified that began with cybercriminals stealing data from several tax practitioners’ computers and filing fraudulent tax returns.

Tax refund fraud affects hundreds of thousands, if not millions, of U.S. citizens annually. Victims usually first learn of the crime after having their returns rejected because scammers beat them to it.