Federal Tax Updates

Hackers Don't Take Tax Season Off


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IRS Stakeholder Liaison Glenn Gizzi returns with a sobering mid-tax-season update: data breaches affecting tax practitioners are already outpacing 2024, with over 206,000 taxpayers potentially compromised — and that's only what's been reported. Roger and Annie dig into why so many breaches go unreported, what a paper return filing means for a client's refund timeline (hint: think late 2027), and why getting every client an IP PIN before the next deadline isn't optional anymore.

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Links mentioned in this episode

Chapters

  • (00:00) - Tax Season Check In
  • (00:58) - Why Pros Are Targets
  • (03:29) - Breach Stats Rising
  • (05:16) - Reporting And Fallout
  • (06:29) - Paper Return Backlog
  • (09:46) - IP PIN For Everyone
  • (11:41) - Long Term Identity Damage
  • (15:51) - Monitor Your EFIN
  • (16:37) - EFIN Compromise Explained
  • (19:14) - Fast IRS Response Process
  • (23:12) - Top Email Scams Today
  • (27:37) - MFA And Safe Replies
  • (31:24) - Train Your Staff
  • (32:11) - How Breaches Start
  • (33:34) - WISP Reality Check
  • (36:11) - WISP Becomes Law
  • (37:46) - Bank Info Hijacks
  • (40:59) - Stop Refund Fraud Fast
  • (43:16) - Refund Speed Risks
  • (46:28) - IP PIN Protection Plan
  • (51:59) - Stakeholder Liaison Help
  • (57:42) - Closing Security Takeaways
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    Roger Harris
    Annie Schwab

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    Federal Tax UpdatesBy Roger Harris, EA and Annie Schwab, CPA

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