In September, the IRS notified all registered holders of PTINs (Preparer Tax Identification Numbers) of a new data securities responsibility statement on the 2020 PTIN renewal form. It’s more important than ever (in fact, it’s the law) that your firm have the proper procedures in place to ensure protection of all taxpayer information. Make sure your firm has a written data security policy and you’re using technology and processes that are built with a security focus.
Learn more about the renewal form and security measures you should consider implementing here.
