New Login Procedure for Some Tax Software
Beginning in July, some tax software will require two-factor authentication for users to log into their tax preparation software. This will be in addition to the usual password requirement. (Beginning with the version for the 2016 tax year, most tax software began requiring users to enter a password to log into the software.)
This new requirement will add an additional layer of security and create an additional step for users when opening their tax software: Users will continue to first enter a password when logging into their tax software; however, to complete the login, users will also have to enter a code that will be sent to them via text or email.
Practitioners should check their tax software to see when and if their software will adopt this two-factor authentication login procedure.