This week the Internal Revenue Service (IRS), state tax agencies, and the tax industry jointly launched the 8th National Tax Security Awareness Week as part of the Security Summit. The initiative is thought to promote the safeguard against scams and protect sensitive information. IRS Commissioner Danny Werfel emphasized the need for vigilance against identity thieves seeking to exploit sensitive financial and personal data during this holiday season. The Security Summit urges individuals to adopt secure online practices, such as shopping on HTTPS sites, avoiding unsecured public Wi-Fi, updating security software, and using strong, unique passwords. Also, the IRS cautions against gift card scams and advises people to avoid payments via gift cards, money transfers, or cryptocurrency, as they are challenging to trace and reverse.

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