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Here’s how tax preparers can protect themselves and their clients

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Cybercriminals are stepping up their attacks on tax professionals. Because of this, the IRS urges tax preparers to take steps to protect client data and their computer networks from these threats.

Thieves search for client data so they can create a fraudulent tax return that looks legit and might bypass IRS filters. They also impersonate tax professionals, using stolen Electronic Filing Identification Numbers, Preparer Tax Identification Numbers, and Centralized Authorization File numbers.

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Tips for tax preparers on how to create a data security plan

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IRS Tax Tip 2018-151, September 27, 2018

The IRS reminds tax preparers that protecting taxpayer information isn’t just good for their clients and good for business – it’s also the law. The Federal Trade Commission’s Safeguards Rule requires that tax preparers create and enact security plans.

Although the IRS and its partners in the Security Summit are making progress against tax-related identity theft, cybercriminals continue to evolve. In fact, data thefts at tax professionals’ offices are on the rise. Thieves use stolen data from tax preparers to create fraudulent returns that are harder to detect.

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