Drake Software blog for tax pros, covering tax, IRS news, and more
It’s a new year and a new filing season. That means the Internal Revenue Service is hard at work fighting some long-running scams aimed at tricking taxpayers out of their hard-earned money.…
Impersonating the Internal Revenue Service is big business for identity thieves. These phishing scams often combine fear of the agency with urgency (and threats), and those who fall for them can soon find their information or money stolen. That’s why the IRS this week highlighted how they communicate with taxpayers.…
Tax professionals across the country are being warned by the Internal Revenue Service, state tax agencies and the tax industry to be on the lookout for a new scam to steal their Electronic Filing Identification Numbers (EFINs).…
Read more about Urgent Alert Issued to Tax Pros on EFIN Scam
The Internal Revenue Service and its Security Summit partners routinely raise awareness about data security issues threatening the financial health of taxpayers. Unsurprisingly, they’re not the only agency trying to protect you from con artists.…
Read more about FTC Warns of Scams in “12 Days of Consumer Protection” Campaign
The humble phishing scam is one of the oldest grifts in the Digital Age. Despite their age, these scams remain remarkably effective. Part of that success is derived from constant evolution, and the…
The new Identity Theft Central page on IRS.gov is the latest tool the Internal Revenue Service has developed to stop identity thieves in their tracks.…
Read more about Identity Theft Central Built to Combat Phishing Scams
As we move into the holiday season, scammers are finalizing their plans to swindle taxpayers out of their money.…
According to the Internal Revenue Service, there are two new “business email compromise/business email spoofing (BEC/BES)” spear-phishing scams targeting tax professionals: the direct-deposit scam and the wire-transfer scam.…
Since its formation in 2015, the Security Summit's efforts to thwart cybercriminals have successfully driven down the number of tax-related identity theft incidents. Unfortunately, that success has forced identity thieves to adapt their methods, resulting in a new tax scam that might seem unorthodox at first.…
A new phishing scheme has been unleashed on taxpayers, this time impersonating as the FBI and the IRS.In reality, the scammers are sending emails that install ransomware on computers in order to hold…
