On November 27th, the Security Summit – a coalition of the Internal Revenue Service (IRS), state tax agencies, and the professional tax community, launched the 8th National Tax Security Awareness Week by providing strategies for identifying and averting tax scams, as well as successfully guarding personal information.
According to IRS Commissioner Danny Werfel, taxpayers need to be especially careful this time of year: “As the holidays and tax season approach, this special week highlights that we are entering a period where taxpayers need to be extra careful protecting their sensitive financial and personal information. Identity thieves are looking for ways to play the Grinch and steal taxpayer information that can help them steal identities and file fraudulent tax returns. The IRS and the Security Summit continue to work to strengthen our internal systems, but taxpayers and tax professionals form a critical first line of defense against identity thieves by securing their tax and financial information.”
Read their IR-2023-223 news release to learn useful tips for both individuals and businesses, including:
- How to safeguard yourself and your company while online and in other settings
- What guidelines tax experts, corporations, and taxpayers can follow
- Common identity theft tactics observed by the IRS and Security Summit
As always, contact your HW&Co. advisor if you have any questions or would like further information.
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