IR-2018-175, Aug. 28, 2018

WASHINGTON — The Internal Revenue Service and Security Summit partners reminded tax professionals that protecting taxpayer information isn't just good for the clients and good for business – it's also the law.

The Summit partners urged tax professionals to be aware of their obligations to protect client data and to cooperate with any IRS investigation related to data theft.

The IRS has a number of publications to help tax professionals navigate tax-related rules and regulations related to protecting data. In addition, the IRS, state tax agencies and the tax industry today reminded tax return preparers that a 1999 law requires that they create and implement a data security plan. Read the full article.