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Avoid Major Compliance Issues - Sending Personal Info by Email

Avoid Major Compliance Issues - Sending Personal Info by Email


by Hugh Duffy


All tax, accounting and CPA firms, regardless of size, must comply with The Gramm-Leach-Bliley Act (aka – GLBA). The legislation was designed to protect personal financial information and applies to CPAs, Enrolled Agents and tax preparers.

Accounting firms and tax preparers must comply with all three:

1. Ensure the security and confidentiality of their client's information

2. Protect against any anticipated threats or hazards.

3. Protect against unauthorized access to or use of such information.

Penalties for Non-Compliance

Civil and criminal penalties.

Fines up to $100,000 per violation.

How Build Your Firm can help you:

Secure File Sharing tool is part of your website – 256 bit encryption (bank grade, higher than most portal services which tend to be 128 bit)

Our proprietary tool is easier to use than traditional portals

No "I forgot my password" phone calls

If you or your staff sends out a unprotected (unencrypted) tax return, K1, or QuickBooks file, that violates GLBA provisions.

Build Your Firm's secure file sharing tool encrypts inbound and outbound electronic documents.

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Hugh Duffy, BYF CEO and Co-Founder

Hugh is the consummate marketing coach for accountants and takes pride in the impact that it has on their practice, and lives. Hugh has more than thirty years of marketing experience. Since 2003, he has been teaching accountants on how to improve their marketing and make more money from their accounting practice.