IRS Urges Tax Professionals to Protect Client Data

The IRS recently kicked off a security awareness campaign to encourage tax preparers to take action in securing their client’s tax data. Cyber criminals threaten tax professionals now more than ever, and it is important to do everything you can to ensure your client’s data is safe.

Under the Financial Services Modernization Act of 1999, all tax professionals are required to maintain a security plan for the sensitive data they collect. Don’t let your clients, or yourself, fall victim to a data breech.

In our previous post Protecting Your Computer Protects Your Clients we discussed the important of computer security in your office. While this is highly important for you to do, it is not the only thing you can do. The IRS has revised Publication 4557, which explains in detail how to recognize theft and how to recover from it. The IRS also released a new publication, Publication 5293, which outlines some of the key points in protecting your computer and staying vigilant towards cyber criminals.

TaxSlayer cannot stress enough how important these security threats are. We encourage each of our TaxSlayer Pro customers to read these publications and take any preventative measures necessary steps to secure all client data.