New tax scam targets companies to surrender employees’ information

Tax season is here and that means many are busy filing their returns.

But the Internal Revenue Service says there’s also a new tax scam that could put you at risk. The scam targets the human resources or personnel department of a company. An email or letter is sent to make it seem like it’s from the company’s president or CEO.

Grace McKnight with the IRS says “what they’re requesting is a list and all information regarding the employees of that company. It could be ‘give me all of the data and give me all of your W-2s.’”

If the company ends up surrendering that confidential information, all of its employees’ records could be at risk.

“Now it becomes a tax-related identity theft if they begin to start filing a tax return for these people and trying to get a refund,” said McKnight.

So far, the scam has hit a variety of companies in the health care and restaurant industries. Temporary staffing agencies have also been targeted as well.

As for this tax season, it’s all about filing electronically, which means getting a faster refund versus filing by paper. “We really don’t carry many paper returns anymore,” McKnight said. “A lot more people are using software, which is a lot easier.”

Source: Khon2

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