Security
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IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
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Security – A Balancing Act for Accounting Firms
Security has been a top priority for firms for years. It has consistently ranked at or near the top of the AICPA’s annual top technology initiatives. So why does it seem there is more chatter now on the topic than in recent years?
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Accounting Professionals Say Data Security Is Top Priority
Professional accountants in both the United States and Canada say preventing security threats is their top technology-related priority.
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5 Steps to Protecting Payroll Data
It goes without saying that employees’ payroll data is sensitive and confidential information, and therefore, needs to be protected. In today’s world, there are multiple threats risking the security of the payroll data you manage.
TurboTax Update: FBI Investigating Fake Income Tax Returns
It appears that it’s too soon to close the books on the recent spate of fraudulent tax refunds filed through TurboTax, the country’s leading provider of tax preparation software. According to the Wall Street Journal, the Washington Post and various oth
Consumers Worried about Data Breaches, but Don’t Change Shopping Habits
In a world where the growing use of connected devices such as smart watches and connected cars is occurring at the same time that massive data breaches are making headlines, a new global study by ISACA shows consumers have conflicted attitudes ...
Report: IRS Needs to Improve Safeguards, Management Oversight and Internal Controls
Management oversight and internal controls at the Internal Revenue Service’s (IRS) Office of Safeguards should be improved to ensure the effective protection of Federal Tax Information (FTI).
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Get Hacked, Get Sacked!
Risk mitigation when your practice is attacked is an economic consideration. What will breach reporting cost? What will recovery cost and time lost be? Although we are not likely to be terminated by our clients or our firm, even this type of loss ...
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Report: Firms Must Have a BYOD Policy or Risk Major Data Breaches
Device and data security will assume critical significance for companies adopting a bring you own device (BYOD) policy, especially with nearly 50 per cent of companies having reported lost mobile handsets in the last year. According to IT services specialist ITC Infotech, lack of a stringent BYOD policy can lead to the risk of a major security breach.