TurboTax in the News Again for Potential Fraud Concerns

Once again, TurboTax has found itself in potential trouble with the Minnesota Department of Revenue for potential fraudulent activity. On February 6, 2015, it posted this notice on their website:

Some Minnesota taxpayers have recently found that when they log in to TurboTax to file their tax return, they see that a return has already been filed. Due to this potentially fraudulent activity, we have stopped accepting tax returns submitted using TurboTax. 

There is a good article from Forbes on this issue as well. TurbTax users, be careful. Identity theft and tax theft is already a big issue. Be careful out there.


About Steve Trojan, CPA

Steve Trojan, CPA is the owner of Flatiron Advisors Tax and Accounting (www.flatironadvisors.com), a Boulder, CO and Crystal Lake, IL based tax and accounting firm. He can be reached at 815-788-5114. He also operates the websites smarterdivorceplanning.com and mypersonalfinanceinfo.com.
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