Protecting Your Business from Tax Season Scams: Essential Security Tips for 2025
As we approach the 2025 tax season, cybercriminals are gearing up with increasingly sophisticated scams targeting businesses and their sensitive financial data. At ABL Computers, we’ve seen firsthand how tax-related cyber attacks can devastate organizations. Here’s what you need to know to protect your business during this vulnerable period. Recent Tax Scam Trends Cyber threats […]
Protecting Your Rights: Exploring FTC Safeguards
Anyone who works in financial services knows the importance of abiding by FTC safeguards. Adherence to these standards promotes transparency and fairness between consumers and businesses, enhancing relations. Understanding why you need to secure your customers’ rights is central to the future of any financial services provider. Stick around as we explore all aspects of […]
Hiring an IT Management Solutions Partner
Hiring an IT management solutions partner can be a daunting task, but with the right approach and due diligence, you can find a partner that will help your accounting firm thrive. With the increasing cybersecurity rules and regulations in today’s business world, choosing the right IT management solutions partner can have a significant impact on […]
Training and Managing Employees for Ultimate Data Security
It’s important that every accounting firm and tax professional establish basic employee training and management protocols to protect sensitive business and tax client information. Training and managing employees for ultimate data security is an important aspect of complying with the FTC Safeguards Rule. A few months ago, we guided you through the general requirements of […]
Always Be on Guard For Potential Security Breaches
Part of running a successful accounting firm is guarding against potential security breaches. The nature of a financial services business puts you in control of sensitive client information, including taxpayer identification numbers, social security numbers, and other nonpublic personal information. Your accounting firm must understand the types of security breaches out there to guard against […]
Set Up Basic Security Measures
There are basic security measures every accounting firm and tax professional should set up to protect sensitive business and client information. These security steps ensure your accounting firm protects sensitive taxpayer information and maintains compliance with FTC Safeguards Rule. While we outlined things your accounting firms should know about the FTC Safeguards Rule, this post […]
Create an Implementation Plan
In a recent blog post, we outlined the three things your account firm should know to comply with the Federal Trade Commission (FTC) Safeguards Rule. The network security rule ensures financial institutions, like your accounting firm, are equipped to protect sensitive consumer information by methods like safeguards rule implementation plan. As part of the Rule, […]
Things You Should Know About The FTC Safeguards Rule
The Federal Trade Commission (FTC) recently amended its cornerstone Safeguards Rule to ensure financial institutions adequately protect consumer information. The FTC amended the rule to provide more guidance on complying with specific requirements. As a professional accounting firm that handles sensitive information, you must understand the main requirements of the FTC Safeguards Rule, how the […]
6 Things Your Accounting Firm Needs to Know About IRS Compliance
As an accounting firm, securing sensitive client information is not only an essential component of running your business, but it’s also a federal requirement. Protecting taxpayer information is a priority for the IRS. As a priority project, they released new federal regulations and guidelines tax professionals must comply with. This post outlines the six things […]
What is a Data Security Plan: 3 Steps to Create Yours Today
Creating a Data Security Plan for your accounting firm is an essential step to safeguarding your business documents and sensitive client information. In the U.S., creating a written Data Security Plan is required of all tax professionals and should include several key elements to remain in compliance with federal regulations. This post covers the basics […]
