New Scam Alert: Hijack Tax Preparers’ Computers

April 16, 2016 Facebook Twitter LinkedIn Google+ MLM & Affiliate Marketing News

Hijack Tax Preparers’ Computers Scam Alert

Thieves stole $3.1 billion in fraudulent IRS refunds in 2014, the most recent data available.

The Internal Revenue Service on Friday warned tax preparers of a new scam in which cyberthieves hijack a preparer’s computer system, file client tax returns, and redirect refunds to thieves’ accounts.

The IRS advisory, which was distributed to the media and tax-industry participants, said the agency is aware of a handful of cases to date. The scheme, which comes ahead of the April 18 tax filing deadline in most areas, is the latest development in cybercriminals’ ongoing efforts to steal tax refunds using the information of legitimate taxpayers.

The scam has also surfaced with state tax returns, said Verenda Smith, a spokeswoman for the Federation of Tax Administrators, an industry group of state revenue officials. On Tuesday, the Indiana Department of Revenue warned the state’s CPA Society to take precautions against it.

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