The IRS and its Security Summit partners are urging tax professionals to learn and identify the signs of data theft so they can respond quickly to protect their clients.
Tax professionals have a precious commodity that identity thieves desperately want — client tax information. With stronger fraud defenses put in place by the IRS, identity thieves need this essential information to help complete their crime.
The IRS reminds tax professionals to contact the agency immediately when there’s an identity theft issue while also contacting insurance or cybersecurity experts to assist them with determining the cause and extent of the loss.
When it comes to protecting their clients, tax professionals should be on the lookout for these critical warning signs.