โ ๏ธ Business Owners: Identity Theft Is a Serious Threat
Business identity theft is a growing cybercrime that can cripple or even shut down your business permanently if left unchecked.
๐ฉ Common Signs of Business Identity Theft
Watch for these red flags:
- You canโt file a tax return because one has already been filed using your business ID number.
- A routine extension request is rejected.
- IRS tax transcripts donโt match the businessโs filed returns.
๐ก๏ธ Protect Your Business from Cybercriminals
Take proactive steps to safeguard your business:
- Install and regularly update antivirus and antimalware software.
- Use strong firewalls.
- Implement multifactor authentication (MFA) for logins.
- Encrypt sensitive files and back them up securely.
- Limit access to confidential files to only essential personnel.
๐ Need Help or More Info?
Contact our office if you suspect fraud or want help improving your cybersecurity practices.
๐ For more information, visit the official IRS page:
๐ Identity Theft Information for Businesses | IRS
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