FTC Safeguards Rule Compliance - Q&A with Steve Perkins and Andrew Lassise
Are you confused as to whether the FTC Safeguards Rule applies to your firm, and if so, what requirements you need to be aware of? As of June 9, 2023, the "penalty phase" began, as the FTC begins cracking down on Tax Preparers, Accountants and Bookkeepers. The best first step to comply is to create a Written Information Security Plan (WISP) and from there, there are just a few more things you need to do to be fully compliant.