<p><em>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.</em></p><p></p><p><strong>Sponsors<br></strong>Padgett -<strong>  </strong><a href="https://www.padgettadvisors.com/join/?podcast">Contact Padgett</a> or <a href="mailto:jphillips@smallbizpros.com">Email Jeff Phillips</a></p><br><strong>Get NASBA Approved CPE or IRS Approved CE<br></strong><a href="https://app.earmarkcpe.com/?channel_id=d10fb7b5-8d1c-408b-b7bf-3da2651b8e2e">Launch the course on EarmarkCPE to get free CPE/CE</a> for listening to this episode.<p><strong>Links mentioned in this episode<br></strong><br><strong>Chapters<br></strong></p><ul><li>(00:00) - Tax Season Check In</li>
<li>(00:58) - Why Pros Are Targets</li>
<li>(03:29) - Breach Stats Rising</li>
<li>(05:16) - Reporting And Fallout</li>
<li>(06:29) - Paper Return Backlog</li>
<li>(09:46) - IP PIN For Everyone</li>
<li>(11:41) - Long Term Identity Damage</li>
<li>(15:51) - Monitor Your EFIN</li>
<li>(16:37) - EFIN Compromise Explained</li>
<li>(19:14) - Fast IRS Response Process</li>
<li>(23:12) - Top Email Scams Today</li>
<li>(27:37) - MFA And Safe Replies</li>
<li>(31:24) - Train Your Staff</li>
<li>(32:11) - How Breaches Start</li>
<li>(33:34) - WISP Reality Check</li>
<li>(36:11) - WISP Becomes Law</li>
<li>(37:46) - Bank Info Hijacks</li>
<li>(40:59) - Stop Refund Fraud Fast</li>
<li>(43:16) - Refund Speed Risks</li>
<li>(46:28) - IP PIN Protection Plan</li>
<li>(51:59) - Stakeholder Liaison Help</li>
<li>(57:42) - Closing Security Takeaways</li>
</ul><strong>Follow the Federal Tax Updates Podcast on Social Media<br></strong><a href="https://twitter.com/FedTaxPod">twitter.com/FedTaxPod</a><br><a href="https://www.facebook.com/FedTaxPod">facebook.com/FedTaxPod</a><br><a href="https://www.linkedin.com/showcase/fedtaxpod">linkedin.com/showcase/fedtaxpod</a><br><strong><br>Connect with the Hosts on LinkedIn<br></strong><a href="https://www.linkedin.com/in/rogerharrispbs/">Roger Harris<br></a><a href="https://www.linkedin.com/in/annie-schwab-852418261/">Annie Schwab<br></a><br><strong>Review</strong><br>Leave a review on <a href="https://podcasts.apple.com/us/podcast/federal-tax-updates/id1664948418"><strong>Apple Podcasts</strong></a> or <a href="https://www.podchaser.com/podcasts/federal-tax-updates-5079545"><strong>Podchaser</strong></a><strong><br></strong><br><strong>Subscribe</strong><br><a href="https://federaltaxupdates.com/subscribe"><strong>Subscribe to the Federal Tax Updates podcast</strong></a> in your favorite podcast app!<p>This podcast is a production of <a href="http://earmark.me/"><strong>Earmark Media</strong></a></p><p><strong><em>The full transcript for this episode is available by clicking on the Transcript tab at the top of this page</em></strong></p><p>All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.</p>

Federal Tax Updates

Roger Harris, EA and Annie Schwab, CPA

Hackers Don't Take Tax Season Off

APR 13, 202659 MIN
Federal Tax Updates

Hackers Don't Take Tax Season Off

APR 13, 202659 MIN

Description

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.SponsorsPadgett -  Contact Padgett or Email Jeff PhillipsGet NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Links mentioned in this episodeChapters(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 Follow the Federal Tax Updates Podcast on Social Mediatwitter.com/FedTaxPodfacebook.com/FedTaxPodlinkedin.com/showcase/fedtaxpodConnect with the Hosts on LinkedInRoger HarrisAnnie SchwabReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.