Working Virtually: make a plan for protecting data and reporting theft

Working Virtually: make a plan for protecting data and reporting theft; Part 5 of Security Summit tips for tax professionals https://www.irs.gov/newsroom/working WASHINGTON — The Internal Revenue Service and Security Summit partners today reminded tax professionals that federal law requires them to have a written information security plan.  Amid continuing security threats during COVID-19, the IRS, state tax administrators and the nation's tax industry − working together as the Security Summit − also recommended practitioners create an emergency response plan should they experience a data theft. Contacting the IRS is step one in the plan to quickly protect tax professionals and their clients.