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Technical

Protecting Your Client and Your Firm from Tax Return Identity Theft Logo aicpa

  $95.00 - 115.00 |   CPE: 4.5 |   AICPA |   May 2019 |   Taxes |   AICPA Store
Protect your firm and client data.
Who Will Benefit?
  • Tax practitioners in public practice
Key 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
  • Better ways to protect data from cyberthreats
Learning Objectives
  • Recognize identity theft laws.
  • Identify statistics for identity theft.
  • Identify the methods identity thieves use to obtain identifying information.
  • Recognize legal issues faced by companies that experience a data breach.
  • Identify the agencies and organizations where you should report identity theft.
  • Recognize which states have income tax and how to report fraud to these states.
  • Identify the red flags that might indicate identity theft.
  • Recognize the steps to take to prevent identity theft.
  • Recognize your rights with respect to obtaining copies of documents in an identity theft investigation.

The IRS confirmed 597,000 cases of tax-related identity theft in 2017. Such breaches can inflict monetary and reputational damages on victims.

Designed to help you protect your firm and client data, this self-study course covers the best cybersecurity practices, as well as the ramifications of data loss and its impacts on practitioners and clients. Once you complete this course, you will be able to reduce the risk of cyberattacks against your firm and clients and know what steps to take in the event that a security breach does occur.

Topics covered:
  • Tax: Technical: IRS practice & procedure: Identity theft & fraud, Intermediate
  • Management accounting: Technical: Risk management & internal control: Cybersecurity, Intermediate

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