Identity theft is a growing concern for tax professionals, as cybercriminals continue to develop new tactics to exploit personal and financial data. This course provides tax professionals with essential knowledge to identify, prevent, and respond to identity theft in tax preparation.
Participants will learn about common fraud schemes, how identity theft affects tax returns and the warning signs of compromised client information. The session also explores the IRS’s efforts to combat tax-related identity theft and offers practical steps for strengthening data security, protecting client information and assisting victims in the recovery process.
By completing this session, you will be able to:
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Recognize and differentiate various forms of identity theft that commonly affect taxpayers, including phishing, data breaches, and fraudulent tax return filings.
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Understand how identity theft impacts tax preparation by analyzing real-world cases and identifying potential red flags in client returns.
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Implement proactive security measures to safeguard client information, including the use of secure passwords, multi-factor authentication, and encryption tools.
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Identify common vulnerabilities in tax practices that cybercriminals exploit and develop strategies to mitigate these risks.
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Educate clients on best practices to protect their personal and financial information from identity theft schemes.
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Respond effectively to identity theft incidents by following IRS guidelines for reporting fraud, assisting affected clients, and implementing recovery strategies.
Who Should Attend?
Tax and Accounting Professionals who want to learn about protecting you and your clients identity.
Prerequisites: None
Course Level: Basic
Course Length: 60 Minutes
Delivery Method: Group - Live Internet
Field of Study: Business Management & Organization – Non-technical
CPE: 1
CE: 0
Intuit (Sponsor ID# 103311) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
Note: This event is free and there is no fee to attend. For concerns about this event or program cancellation policies, please reach out to Protax_training@intuit.com.
