Data Security for Tax Professionals CPE SelfStudy Course

You need to register for the webinar to watch the video.

Click Here to Register

Before starting this self study program, please go through the instructional document.

Course Description
Course Qualification
Presenter
Faq

Course Description

Overview

Publication 4557: Safeguard taxpayer data

5 mins
IRS Publication 5293 - Data security resource guide for tax professionals

31 mins
Protect your client, Protect yourself

40 mins
Signs of client data theft

50 mins
National tax security awareness week

66 mins
Theft of economic impact payments

82 mins
IRS dirty dozen - 2021 edition

97 mins

Course Description

The annual global cost of cybercrime is high and getting higher all the time. In the United States alone, the FBI received reports of 467,361 complaints involving $3.5 billion in 2019.

Certain business organizations, among which are those referred to as “financial institutions,” are charged by the FTC with taking particular steps to protect their customers’ financial information. Included in the category of financial institutions are professional tax preparers.

Professional tax preparers normally maintain a significant amount of taxpayer information in various files—electronic and paper—that would be treasured for cybercriminals. We have heard of many fellow tax professionals who have been hit with Ransomware attacks or had their computer networks hacked.

As tax professionals, we seem to be under constant assault from cyberhackers.

Did you notice that when you renewed your PTIN, you had to answer the question about protecting your data security?

What are your legal obligations to protect our data and the clients' data?

What can we do and what should we do?

This CPE course will answer all such questions related to data security for tax professionals.

Following are the major topics covered in this CPE webinar:

Safeguarding taxpayer data
Review IRS Publication 4557
Protect your clients, protect yourself
What have we learned from the latest IRS Security Summit
IRS Identity Protection PIN
Identity Theft Affidavit
Cybersecurity Insurance

Learning Objectives

To discuss how to affirmatively answer the PTIN renewal question regarding protecting data security.
To explain what steps to take to safeguard taxpayer data.
To discuss the latest update for the IRS Security Summit.
To analyze our obligations in case of a data breach.
To investigate what to do when your client's identity has been compromised.
To analyze if you need Cybersecurity Insurance.

Recommended For

This Online Continuing Professional Education E-Book Course is recommended for CPAs, CISM, CITP, CISA, EA, Tax Preparers, and Other Tax Professionals who desire to ensure data security for their clients.

Who Should Attend?

Certified Management Accountant
Certified Public Accountant
CPA (Industry)
CPA - Mid Size Firm
CPA - Small Firm
Young CPA

Course Qualification

Webinar Qualifies For

2 CE Credit of Computer Software and Applications for Tax Professionals (Approval No. GEHNZ-T-00846-21-S)
2 CE Credit of Information Technology for Enrolled Agents (EA) (Approval No. GEHNZ-T-00846-21-S)
2 CPE Credit of Information Technology for Certified Public Accountants (CPA-US)
2 CPD Credit for Certified Information Technology Professionals (CITP)
2 CPE Credit for Certified Information Systems Auditor (CISA)
2 CPE Credit for Certified Information Security Manager (CISM)

Presenter

About Presenter

Lawrence Pon, CPA/PFS, CFP, EA, USTCP, AEP

Owner Pon & Associates

Lawrence Pon is a Certified Public Accountant, Personal Financial Specialist, Certified Financial Planner, Enrolled Agent, United States Tax Court Practitioner, and Accredited Estate Planner in Redwood Shores, CA

Mr. Pon has been in tax practice since 1986 and speaks regularly to tax professionals and financial advisors on the latest tax planning and preparation topics.

Mr. Pon enjoys helping his clients reach their financial goals through comprehensive tax planning and financial planning.

Mr. Pon received his BS in Business Administration (Accounting & Finance) from UC Berkeley and MS in Taxation from Golden Gate University in San Francisco.

About Company

Pon & Associates

www.larryponcpa.com/

We believe in the value of relationships. We view every client relationship like a partnership, and truly believe that our success is a result of your success. We are committed to providing close, personal attention to our clients. We take pride in giving you the assurance that the personal assistance you receive comes from years of advanced training, technical experience and financial acumen.

We provide a variety of services including:

Income Tax Preparation for all types of businesses, individuals, trusts, and estates.
IRS and State Audit Representation
Financial Planning
Estate Planning and Preparation
Business startup services including Business Planning
Tax Planning and Consulting
Charitable Planning

Our continual investment of time and resources in professional continuing education, state-of-the-art computer technology and extensive business relationships is indicative of our commitment to excellence.

Faq

FAQs content

To receive Continuing Education credit for the event, you must register for the webcast prior to the start of each program.
Continuing Education Credit Certificate is available to all eligible participants within 24 hours of each webinar.
You must attend complete live webinar and respond to all polling questions asked during the webinar. Credits would be issued on 50 minute credit hour basis.
Polling feature Not supported: If you are logging in through browser or web portal in the browser (zoom.us) it doesn’t support the polling feature. Please be advised the current polling feature can only be supported via Zoom desktop and mobile app. You can check the same here : https://support.zoom.us/hc/en-us/articles/203749865-Polling-for-webinars
This event may be a recorded rebroadcast of a live event done in past and the instructor will be available to answer your questions during/after the webinar.
If you still face the polling problem please don’t panic and provide your response in the chat and we shall consider the same for processing for credits. You can download Zoom by clicking on the mentioned link : https://zoom.us/download
Our courses meet the global Continuing Professional Development (CPD-IES7) Standard for Chartered Accountants with International Education Standard 7 (IES 7) set by The International Federation of Accountants (IFAC), the International Accounting Education Standards Board (IAESB) and the Association of Chartered Certified Accountants (ACCA). Based on our accreditation by existing IFAC members and affiliates, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
You can manage your continuing education certificates and credits through your certificate dashboard which is available when you are logged in to your account (LOGIN)
As an accredited provider of Continuing Professional Education in the United States, myCPE online learning platform, courses, and webinars meet the requirements set forth by the Institute of Management Accountants (IMA), an IFAC Member Organization, as well as the National State Boards of Accountancy (NASBA) and the Institute of Internal Auditors (IIA), both IFAC Affiliates. As well as it has been approved by NASBA, Internal Revenue Service (IRS), Certified Financial Planner Board (CFP Board), California Tax Education Council (CTEC), Society of Human Resource Professional (SHRM), Human Resource Certification Institute (HRCI) and many more.Therefore, we believe learners can count their professionally relevant, verifiable learning activities on myCPE, including taking on demand courses and attending live webinars, toward fulfillment of their verifiable continuing education requirement as CPD-IES7 requirements. However, if there is any question, we recommend that the individual learner confirm with his/her professional licensing organization before taking myCPE courses for CPD-IES7 credit.
myCPE Courses are taken by : CPA | CMA | CFE | CIA | CPA(Yellow Book)| CFP | CFA | CPA (Govt.) | EA | CRTP | MRTP | ORTP | ABV | CITP | CVA | PFS | CFF and others.