IRS News Release: Small Businesses Warned Against Identity Theft, Urged to Protect Financial, Personal, Employee Information

May 2, 2024, 4:08 PM UTC

Entrepreneurs are urged to put in place data security safeguards protecting their financial, personal and employee information from scams and cybercriminals hunting for easy targets, the IRS stated. Small businesses face a variety of financial and identity theft related schemes that try to obtain information that can be used to file fake small business tax returns, rob business bank accounts, and create stolen identities, the IRS noted. The best way business owners and individuals can protect themselves is to stay well informed on the latest scams, continuously protect their computers and smart phones and install data security at home and ...

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