Beware of Internet fraud when filing taxes online - MoneySense

Beware of Internet fraud when filing taxes online

Fraud rates rise during tax season.


While digital filing software might seem like a gift from the gods, Globe Investor warns us to be aware of the numerous risks associated with online filing; rates of fraud and identity theft are highest during tax season.

A compromised computer is thought to be one of the biggest threats to our security. Spyware programs can record any and all of the information that we enter online. Fraudulent emails are also common during the months leading up to filing — the CRA has warned Canadians of a scam that requests personal information be sent in to them online.

Using reputable filing software, protecting your computer with a firewall and anti-virus software, and securely storing your files are just some of the ways to protect yourself against online fraud.