Further Expands Safeguards in Place for ProSeries, Lacerte and Intuit
Tax Online, Provides Tips to Help Protect Tax Professionals and Their
PLANO, Texas–(BUSINESS WIRE)–
As part of its continuing commitment to work with the IRS, states and
industry to combat tax fraud, Intuit
Inc. (Nasdaq:INTU) today announced security enhancements across its
suite of professional tax products, including Intuit
Tax Online, ProSeries
and provided tips to help tax professionals safeguard themselves and the
clients they serve. The expanded security features offer additional ways
to authenticate tax preparers’ identities upon account sign in and
verification of their E-File Identification Number (EFIN) before
“With these new security enhancements in place, our professional tax
customers can be confident they are providing their clients industry
leading standards of protection,” said David Williams, chief tax officer
at Intuit. “Our tax professionals rely on us to deliver technology and
resources necessary to help them further protect their information and
the information of their valued clients.”
Intuit Security Enhancements
For tax year 2015, Intuit has implemented the following security
enhancements for its professional tax products, Intuit
Tax Online, ProSeries
to further strengthen customer identity authentication and notification:
Multi-factor authentication: New for tax year 2015, Intuit has
implemented multi-factor authentication in its professional tax
products to help authenticate user identities and help tax
professionals securely sign into their account. When tax professionals
access their account for the first time or from a new device, they
will automatically be sent a unique, six-digit code to their
pre-designated, trusted device to be used in combination with their
password to access their account.
E-file Identification Number Requirements: Intuit requires that
all Electronic Return Originators (EROs) possess IRS-issued E-File
Identification Numbers (EFIN) before e-filing. New tax professional
customers must have IRS documentation of EFIN registration on file
before they can e-file through Intuit’s professional tax products. In
addition, Intuit will proactively notify tax preparers who use the
company’s professional tax software when it appears that their EFIN
may have been compromised so they can reinstate their EFIN with the
Tips to Help Tax Professionals Fight Fraud
As tax professionals head into the tax season, Intuit offers the
following tips to help further protect themselves, their clients and
Shred financial records: Shred all documents that include
sensitive client information before throwing it away.
Restrict access to client files and computers: All computers
with sensitive client records should be protected with a strong
password. Create a combination of upper and lower case letters,
numbers and symbols. Don’t use passwords that are generic and easy to
guess, like your firm name, the word “password” or a numeric sequence.
Paper files should be kept locked and access restricted.
Beware of phishing scams: Criminals use fraudulent emails and
create fake Web sites, to lure unsuspecting users into revealing
private account information, like your EFIN. Be suspicious of
unsolicited emails that ask for confidential or sensitive information
and include a link to a Web site. Mouse over the link, look at the
site’s address and make certain that it appears legitimate before
clicking. Intuit posts notices for phishing emails on the Intuit
Online Security Center: https://security.intuit.com
Install or update anti-virus software on computers: Use the
latest version of your Web browser. Install security patches and
software updates as soon as they are available.
Educate clients: Help educate clients about what they can do to
protect themselves online, including protecting their computer and
mobile device, creating strong passwords and being aware of phishing
Pro Tax Center for more articles, resources, and insights.
About Intuit Inc.
Inc. creates business and financial management solutions that
simplify the business of life for small businesses, consumers and
Its flagship products and services include QuickBooks® and
which make it easier to manage small
businesses and tax
preparation and filing. Mint.com
provides a fresh, easy and intelligent way for people to manage their
money, while Intuit
Tax Online, ProSeries®
are Intuit’s leading professional
tax software offerings for professional accountants.
Founded in 1983, Intuit had revenue of .2 billion in its fiscal year
2015. The company has approximately 7,700 employees with major offices
in the United
and other locations. More information can be found at www.intuit.com.
Source: Intuit Inc.
Ashley McMahon, 858-215-9069