We're not far into tax season, but numerous US states are already reporting a big increase in suspicious return filings, another reminder of the escalating problem that tax return fraud has become. Alabama, Utah, and Minnesota have all issued warnings in recent days, with most states directing blame for the sudden uptick at third-party tax filing software. "The fraudulent filings originate from data compromised through a third-party commercial tax preparation software process," said Alabama's Department of Revenue. And when you're talking about third-party tax software, there's no bigger name than TurboTax, which holds 60 percent of the market according to Forbes. To address the issue, TurboTax is pausing all e-filing for state returns — but some states didn't wait around for that.
Before coming to BQE..
Bob Dias was Vice President of Tax Product Management for CCH, a Wolters Kluwer business. In this role, Dias was responsible for understanding the needs of tax professionals and driving product development throughout CCH to create and deliver innovative, integrated solutions to meet those needs. Dias has over 30 years of experience at CCH, holding a variety of leading roles in marketing and product management for tax and accounting software and services. Previously, he served as CCH’s Vice President of Marketing where he led the transformation of the marketing organization through the creation of a new strategy to align solution sets around key customer segments. He also served as CCH Director of Segment Management, and led global customer-focused initiatives for the Wolters Kluwer Tax, Accounting & Legal division. In other roles at CCH, Dias was Director of Product Management for the ProSystem fx Suite and Product Manager for ProSystem fx Tax.
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