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Tax Professionals are Victims of Data Breaches too

Colleen MacFarlane

This year, the IRS has received more than 250 reports of data breach incidents from tax professionals affecting some 200,000 clients. (Tax pros now need to report a security event affecting 500 or more people to the Federal Trade Commission in no more than 30 days.)Practitioners are urged to review the newly updated Written Information Security Plan. Tax pros are required by federal law to have written plans identifying foreseeable data security risks and safeguards and to have an action plan in case of a security breach. A Tax Pro Account is also a secure application that enables tax pros to act on a client's behalf.



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