Protect Tax Software Accounts, The IRS, in collaboration with Security Summit partners, enables multi-factor authentication feature on tax preparation software products in the United States. This initiative is taken to protect tax software accounts of tax professional as well as taxpayers. This year, the IRS has been reported by almost two dozen of U.S. tax practitioner firms regarding data thefts. The IRS further warns taxpayers about the security-theft on using tax preparation software, and therefore highly urges them to protect their accounts by with multi-factor authentication.
The best part that the IRS offers multi-factor authentication feature absolutely FREE on tax preparation software products. Tax clients and practitioners in USA save their tax data and information from thefts via multi-factor authentication feature, easily & free of charges. Moreover, free multi-factor authentication protections are also offered by tax software providers on their Do-It-Yourself products. Hire a professional tax preparer near you in USA by consulting Black Ink; we guarantee you that your tax data is save and secured from thefts & breaches along with accurate and timely filing of returns.
The Commissioner of the IRS Wage and Investment division, Kenneth Corbin, spoke on the multi-factor authentication & protection feature by the IRS on tax preparation & filing software,
The IRS, state tax agencies and the private-sector tax industry have worked together as the Security Summit to make sure the multi-factor authentication feature is available to practitioners and taxpayers alike. The multi-factor authentication feature is simple to set up and easy to use. Using it may just save you from the financial pain and frustration of identity theft.
What Is Meant By Multi Factor Authentication On Tax Accounts?
Multi factor authentication means that the returning users have to enter their username and password credentials along with additional data point that only known by the users. The examples of multi factor authentication include security code that is sent to their mobile phone of the particular users. There are many benefits of multi factor authentication, for e.g. even if the passwords are stolen by thieves or hackers, they cannot get access to the software accounts without the mobile phones to receive the security codes.. By enabling multi factor authentication on tax software account, only user is able to access his account without any data theft or security violations issues.
Why Do You Need Multi Factor Authentication on Tax Accounts?
The email providers, financial institutions as well as social media platforms are now offering multi-factor authentication protections to their users for the protection of their online accounts. If the double-security is required for using your Facebook account, then just imagine the importance of multi-factor authentication protections on you tax accounts for preparation & filing of returns in USA. The IRS urges taxpayers to choose multi-factor authentication so their sensitive data held in the tax software or online accounts remain safe & secure.
Enable Multi-Factor Protection on Tax Software Accounts:
To gain control of the accounts and computers of tax professionals, the thieves are involved in various scams. To trick tax professionals for downloading attachments or open links, the thieves can also claim to be a potential client, a tax software provider, a cloud storage provider or even the IRS itself. To avoid the resulting circumstance, you must enable multi-factor authentication feature on your tax accounts and tax software products so your important data is not lost or stolen.
Outsourcing tax preparation services is the best choice for you to plan, prepare and file returns in the United States. On one hand, outsourced tax preparation services provide accuracy in filing & bookkeeping, while on the other hand, your data privacy is secured. You can also learn more about it here.