As reported in Gizmodo, this week, the IRS announced the rollout of a sort of two-factor authentication for your taxes that will be available to everyone to help protect yourself from the possibility of tax fraud.
Taxes are a ripe target for the bad guys, because everyone has to do them. And fraud has been a persistent security issue for years and it’s not letting up. In 2020 alone, the Internal Revenue Service identified $2.3 billion in fraudulent schemes.
The instructions read like there are several steps to get this approved and set up, but if you are concerned about safety of your taxes or have been a victim of identity theft, this may be a good program for you.