With the 2022 tax season and the holidays rapidly approaching, the Internal Revenue Service, state tax agencies and the nation’s tax industry today announced a special week focusing attention on taxpayers protecting sensitive financial information against identity thieves.
Working together as the Security Summit, the coalition of the IRS, the states and the nation’s tax community plan the 6th Annual National Tax Security Awareness Week to take place from November 29–December 3. The announcement coincides with International Fraud Awareness Week coming to a conclusion.
The Summit partners warned that taxpayers and tax professionals face a heightened risk in coming months as fraudsters continue to use the pandemic as a way of tricking people into sharing sensitive personal information by email, text message and online. Identity thieves can use that information to try filing tax returns and stealing refunds.
As Security Summit partners have increased their joint defenses against identity theft, including through the Identity Theft Information Sharing and Analysis Center (ISAC), fraudsters have increasingly looked for ways to obtain sensitive personal financial information to help slip past common defenses. That has made tax professionals – who hold valuable tax information for their clients – a tempting target for scam artists.
“The nation’s tax community has successfully joined forces to protect taxpayers through the Security Summit effort, but we need…