Tax professionals might not be aware they are legally required to create a written security plan to protect their clients’ data. Fortunately, the IRS and its Security Summit partners have teamed up to create a Taxes-Security-Together Checklist that includes how-tos on creating a plan.
Each office should have a specifically tailored data security plan that accounts for factors such as the company’s size, the nature of its activities and the sensitivity of its customer information.
When creating a plan:
Selecting a service provider
Companies should have a written contract with their service provider. The provider must: