Protecting Your Client from Tax Return Identity Theft (SMTX68PM)

Wednesday, January 10, 2018 | 12:30PM - 4:00 PM (Registration at 12:00PM) EST | South Carolina Association of CPAs, Cayce

Description

Identity theft has become a serious issue with clients and practitioners alike. Sixty-three percent of CPAs who answered the 2015 tax software survey conducted by The Tax Adviser and Journal of Accountancy said at least one of their clients was a victim of tax identity theft in the 2015 filing season. This course will provide examples of the ramifications of data loss and how it impacted the practitioner and the client. This course will cover best practices for your firm to protect firm and client data. In the event that a breach does occur, learn the steps to take to remedy the situation and prevent the problem from happening again.

Objectives

  • Recognize the dangers of data theft.
  • Recognize the legal requirements of protecting taxpayer information.
  • Identify best practices to protect taxpayer information.
  • Identify steps to take if a breach does occur.
  • Arm your practice with tips and tricks to become an ally to your clients.

Cost

Standard Registration: $164 SCACPA Members, $214 Non-Members
Reciprocal Discount: ($50)

Major Topics

  • The impact on practitioners when a data breach has occurred
  • Steps to formulate a data breach response plan
  • Legal requirements of handling client data
  • Impact on professional liability insurance
  • Examples of the ramifications of data theft
  • Strategies and safeguards to mitigate risk
  • Explore better ways to protect data from cyberthreats

DETAILS

Course Code:
SMTX68PM

Credits:
4.00 Taxation

Field of Study:
Taxation

Vendor:
AICPA

Course Type:
Seminars

Level:
Intermediate

Prerequisite:
Basic knowledge of individual income taxation

Advanced Preparation:
None

Location

1300 12th Street, Suite D, Cayce, SC, 29033

 

 

 

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