IRS issues new tax scam warnings, FSA tool suspended due to security concerns

Advertisement


The Internal Revenue Service (IRS) has issued a new warning to businesses, taxpayers, and tax prep professionals about Phishing scams targeting the sensitive information they work with on a daily basis. Soon after, the IRS and the US Department of Education suspended a tool that helps people obtain financial aid for college.

The warning from the IRS last week reminded taxpayers and those associated with the processing of tax returns, about last-minute Phishing scams starting to circulate. The agency advised them to be on the lookout for requests asking for deposit changes for refunds, or account updates.

Advertisement