Completing your taxes each year is a stressful and arduous task. The thought that your identity and security could be at risk during this time is an instant headache. With our security tips for both individuals and businesses, we can help ease the tension and fear.
Be Aware of Current Scams
It’s important to stay up to date on the current scams that are plaguing the tax industry. Each year, the IRS will release information about the current scams going around.
For individuals, email phishing scams never seem to go out of style. Keeping yourself informed on how to spot these phishing attempts will always be a valuable defense. Understand where IRS information comes from. The IRS will typically send physical mail when they need to contact you. If you are ever unsure about if IRS communication is trusted or not, call the IRS to verify.
For tax prep businesses, phishing can affect you, too. There is an increase in “new client” scam attempts, according to the IRS. The scammers will send emails to new businesses with a hope of a response so they can send dangerous URLs and files. With CMIT Solutions I-270 Corridors Managed Services, we can catch these threats before they get to you.
File Your Taxes Early
Filing your taxes as soon as possible can greatly reduce the risk of tax fraud. Employers are required to send out W-2’s and tax forms by January 31st, so don’t delay in filing once you receive those forms. Criminals will attempt to utilize false tax forms and stolen Social Security numbers to claim a refund.
Enable MFA or Multi-Factor Authentication on Tax Related Accounts
Enabling MFA on all accounts for tax and finance purposes is a no-brainer, anything that will add an extra layer of security between hackers and your personal information should be implemented.
Protect Your Computer or Your Business
It’s important to protect your files by storing them safely in folders that can’t be shared and encrypting files within them. Encryption will help protect your data and information in case your computer is lost or stolen, or if your data is intercepted, or accessed by unauthorized parties—keeping sensitive information unreadable and secure.
For Tax Prep businesses, trust is essential between you and your client. Ensuring safe file transfer, client data protection and storage, and much more is the core of your business. At CMIT Solutions I-270 Corridor, we can be the partner you need to keep client data safe and secure. Our Cybersecurity solutions give you and your clients peace of mind. Plus, we have IT procurement services that can help you acquire the tech necessary for secure, scalable, and cost-effective operations—without the guesswork, vendor hassle, or overspending.
During tax season, being informed and prepared will keep your data safe and your refund in your pocket. Let us be your partner for security, contact us today.
