TurboTax Halts E-filing of State Tax Returns Because of Potential Fraud

mpicpp writes with this news from Marketwatch: Intuit, the parent company of TurboTax, has stopped e-filing all state tax returns due to increased suspicion of fraud. The company says it is investigating criminal attempts to use stolen data to file fraudulent returns and claim refunds, after hearing concerns from a handful of states, Intuit spokeswoman Diane Carlini told MarketWatch. After a preliminary examination with security experts, Intuit believes its systems weren't breached, but crooks may have used TurboTax software to file fraudulent returns after stealing identities, she said. Intuit said in a release that "the information used to file fraudulent returns was obtained from other sources outside the tax preparation process." The company called pausing e-filings to states a "precautionary step." Utah, the first state to reach out to Intuit, issued a notice Thursday saying the state tax commission has discovered 28 fraud attempts that "originate from data compromised through a third-party commercial tax preparation software process," as well as 8,000 returns flagged as potentially fraudulent.

Comments

Re:Ripple Effect

[zidium]

And the Mexicans, too! They just announced in the Senate that an illegal alien can come to America, claim they have 4 children in a foreign land (no proof needed!) and collect Earned Income Tax Credit (EITC) for FOUR BACKDATED YEARS AT ONCE for a total of $24,000 and $6,000 every year thereafter!!!

Ever since Obama's amnesty dictatorial push late last year!
http://www.weeklystandard.com/...