IRS Security Summit

Petz Enterprises, LLC (PEI), your CrossLink Team, participated in the March 19, 2015 IRS Security Summit meeting with the IRS, state tax administrators, and tax industry companies. The meeting was held to discuss ways to address the critical issue of identity theft, refund fraud, and data security.

At the meeting the IRS indicated their willingness to work with the industry and states to discuss solutions to help combat the growing issue of identity theft fraud in the following areas over the next few months:

• Fraud prevention and detection, which includes authentication of the taxpayers
• Information sharing related to fraud between IRS and state department of revenues, as well as with the tax industry
• Data security safeguards

The goal of this collaboration is to discuss solutions that can be implemented for the 2016 filing season and beyond. As always, CrossLink remains committed to data security for our professional tax preparer customers and the tax industry as a whole.