IRS News Release: ‘Spear Fishing’ Labeled 2022 ‘Dirty Dozen’ Tax Scam (IRC §7207)

Spear fishing scams that can be tailored to attack and steal the computer system credentials of any small business with a client data base, such as tax professionals’ firms identified as the eighth “Dirty Dozen” tax scam for 2022, the IRS announced. Spear phishing is an email scam that attempts to steal a tax professional’s software preparation credentials in order to steal client data and tax preparers’ identities in an attempt to file fraudulent tax returns for refunds, the IRS stated. The latest phishing email uses the IRS logo and a variety of subject lines such as “Action Required: Your ...