How safe is your tax data at your tax preparers office?

By Michael Lodge on February 26, 2024

Michael Lodge - The Business & Tax Advisor / Mediator 424.542.7299 -

When it comes to the safety of your tax data at your tax preparer's office, it's crucial to be aware of the specific rules and regulations set forth by the IRS and the FTC. These regulations require tax preparers to safeguard your tax data at a level equivalent to that of banks, emphasizing the importance of data protection in this industry. As a client, it is essential to inquire about the measures in place to secure your tax information and whether your tax preparer has a written policy outlining their data protection practices. Don't hesitate to request this policy for your peace of mind.

Your tax returns contain sensitive information that holds great significance, making it imperative for your tax preparer, regardless of their size, to uphold the responsibility of safeguarding your data. Conducting your due diligence and ensuring that your tax data is adequately protected should be a top priority. If you find that your tax preparer does not meet the necessary standards for data protection, it may be time to seek out a new tax preparer who can offer the level of security your information deserves. Trusting your tax preparer with your data is a significant decision, so make sure to prioritize the security of your information when selecting a tax professional.

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