K2's 2023 Safeguarding Taxpayer Data - A Guide For Your RequiredSecurity Plan
Overview
Combatting today’s cybercriminals takes everyone working together. The Internal Revenue Service works with state tax agencies and the tax industry to fight these 21st-century identity thieves. Unfortunately, data thefts at tax professionals’ offices are on the rise. Online providers also must follow the six security and privacy standards in Publication 1345, Handbook for Authorized IRS e-file Providers of Individual Income Tax Returns. In addition, you fall under the PTIN and 4557 mandates if you prepare tax returns. Learn how to fulfill your obligations by participating in this session.
Regardless of size, most public accounting firms are mandated to have a written security plan in place. Failing to have such a plan in place can lead to substantial fines. Join us in this session to learn what your security plan should include and how to implement it.
Highlights
- Understand the need to protect client data
- Learn about the required security and privacy standards
- Leave with a sample plan to consider your tax practice
Prerequisites
Fundamental knowledge of tax return preparation processes and cybersecurity issues and risks
Designed For
Public practitioners who desire to learn more about specific security requirements imposed on firms and how to comply with them
Objectives
- List examples of basic security steps and how to take them
- Identify the signs of data theft and how to report data theft
- List examples of how to respond and recover from a data loss
- Identify examples of specific compliance issues found in the FTC Safeguards Rule
Preparation
None
Leader(s):
Leader Bios
Randy Johnston, K2 Enterprises LLC
Randy Johnston, MCS, MCP Randy Johnston, MCS, MCP, is a nationally recognized educator, consultant, and writer with over 30 years experience in Strategic Technology Planning, Systems and Network Integration, Accounting Software Selection, Business Development and Management, Disaster Recovery and Contingency Planning, and Process Engineering. PUBLICATIONS: Various Publications - 1978 - Present: CPA Technology Advisor monthly columnist, Journal of Accountancy, CRN, Accounting Technology, PCWeek, InfoWorld, Interface, State Society newsletters, frequent quotes in accounting and computer press Mitchell Publishing - 1981: Basic Using Micros Random House - 1982: Business Computing Systems John Wiley & Sons Publishing - 2002: Technology Best Practices K2 Enterprises - 2003,4,5,6,7,8,9: Accounting Software Solutions EDUCATION: A.A. in Computer Science, Math – Hutchinson Community College, 1975 B.S., summa cum laude, in C.S., Math, Science – Kansas State University,1977 Masters of Computer Science, 60+ post graduate hours – Wichita State University, 1981 AWARDS: Who’s Who in Business & Industry – 1990-2009; in Computing 1987-2009 - Acknowledged as a leading business professional and as a leading computing professional Accounting Today – Listed as one of the 2004 - 2009 Top 100 Most Influential People Accounting Technology – Listed as one of the top nine technology stars in the industry AICPA Technology Conference – Past Chair and featured Speaker for the past 20 years PROFESSIONAL SERVICE: K2 Enterprises (K2E.com) - Executive Vice President, Shareholder – Nation’s leading technology CPE provider to CPA professionals. Consults to high profile technology vendors. Delivers national seminars to CPAs, business groups and IT leaders on technologies in accounting, healthcare and banking. Creates and presents seminars and articles on 30+ technology topics including Paperless, Continuation of Business Operations, Accounting Software and Business Strategies leveraging technology. (1990 - Present, Hammond, LA) Network Management Group, Inc. (NMGI.com) – Executive Vice President, Stockholder - Consulting and Reviews on Strategic Technology including planning, selection and implementation. Expertise: Paperless, Accounting Software and CRM, Accounting Firm Software and procedures, Business Continuity, Virtualization, Backup, Infrastructure and remote management, and Business Intelligence. (1983 – Present Hutchinson, KS) Hutchinson Community College – Department Chair, Professor, Adjunct – Mathematics & MIS Depts. Designed and taught courses in all areas of mathematics & computing. (1977 - 1997) Professional Data Services - Programmer and system designer - Developed a medical system including the first paperless claims in Kansas, appointments and collection systems. Involved in a chain of ComputerLand stores and Entre’ stores, received first IBM PC and first Compaq in Kansas. (1978 - 1981) Farmland Industries - Programmer and system designer - Developed and maintained P&L, Credit Union and Feedlot accounting. (1977 - 1978) CERTIFICATIONS: Microsoft Certified Professional – MCP (Microsoft Corporation) Certified Network Administrator – CNA (Novell Corporation) Certified CAD specialist, Network Professional, Data Communications (AutoDesk, 3Com, Entre’)
Non-Member Price $109.00
Member Price $79.00