The Comptroller of Maryland has issued a news release alerting personal income taxpayers and tax professionals about a new phishing email scam that impersonates tax software providers. The email has a subject line of “Software Support Update” and informs recipients that due to a software upgrade, the preparer must revalidate their login credentials. The link within the email leads to a website that mirrors the software provider’s login page. Tax professionals who receive emails from software providers that seek login credentials are advised to send them to their tax software providers. To report a problem, Maryland taxpayers my call 1-800-MD-TAXES or email mdcomptroller@comp.state.md.us. The notice can be viewed on the Comptroller’s website at http://comptroller.marylandtaxes.com/Media_Services/2017/08/07/comptroller-franchot-warns-tax-pros-of-new-scam-to-steal-usernames-and-passwords/. News Release, Comptroller of Maryland, August 7, 2017

The First Steps to Thinking About Your Retirement
Many people, regardless of age, tend to procrastinate when planning for retirement. For young people, retirement seems far in the future. However, it is an important life event that requires much thought and thorough planning. The sooner you begin planning for your future, the better.
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