tax professionals are a hacker’s dream.
by donny shimamoto, cpa, citp, cgma
on cybersecurity for accountants
center for accounting transformation
in 2015 the u.s. internal revenue service (irs) held its first security summit[i]. by creating a public-private partnership via the summit, the irs is seeking to protect more taxpayers and more tax dollars from tax-related identity theft.
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partners in the summit included the irs, state tax agencies and the private sector tax industry—for example, financial institutions, cybersecurity practitioners and tax practitioners.
the summit brought together people from the full value chain of tax compliance. taxpayers submit information to tax practitioners, who prepare the returns and submit them to the tax authorities.