Business owners should be aware that identity theft is a growing threat that can cripple your business or shut it down forever. Signs of business identity theft include the inability to file a tax return because a return has already been filed using the business ID number, a request for a routine extension is rejected, and tax transcripts obtained by the business don’t match its tax returns. To help stay ahead of this cybercrime, install anti-malware and anti-virus software and employ firewalls. Use multi-factor authentication, encrypt and backup sensitive files, and limit personnel with access to these files. For more information, visit this page on the IRS website and contact us if you have any questions.