Drake Software blog for tax pros, covering tax, IRS news, and more
The Electronic Tax Administration Advisory Committee (ETAAC) presented an annual report to Congress on June 27 emphasizing the importance of fighting identity theft tax refund fraud.…
Read more about ETAAC Annual Report Stresses Importance of Data Security
The latest phishing attack aimed at income tax professionals is proof positive that tax offices can’t let their guard down just because tax season is over. This new assault mimics or “spoofs” an email from a legitimate state taxing agency or a tax professional organization.…
Read more about Tax Pros Got Wake-Up Call from Phishing Scammers
Income tax professionals from preparers to CPAs and EAs are being reminded to maintain and monitor their various identification numbers that enable them to e-file.The reminder comes from the Security…
Read more about Security Summit Reminds Tax Pros to Protect EFINs, PTINs
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.…
To quote the Internal Revenue Service: Small business identity theft is big business. That’s because identity thieves have learned to use a business’s information to file bogus income tax returns or…
Read more about Know the Signs of Small Business Identity Theft
The third National Tax Security Awareness Week tip from the IRS includes five steps for addressing identity theft.…
As we hurtle into the holidays, rest assured the hackers and fraudsters are working feverishly to put the bow on their newest phishing email scam. And it’s aimed squarely at you.…
National Tax Security Awareness Week is upon us, and this year the Security Summit released eight online safety tips to combat tax-related identity theft and help protect your data.…
Read more about Eight Online Safety Tips from the Security Summit
Data breaches are becoming more common, underscoring just how important it is that everyone learn data security best practices.…
A new phishing email scam impersonates a message from a tax software provider in an effort to fool tax professionals into giving up their usernames and passwords.In a way, their timing couldn’t be…
