IRS Publication 4557
Requires that accounting firms, protect taxpayers data.
Alewho ensures cybersecurity, compliance, and efficiency are in place.
Discover how we can empower your firm with our specialized solutions. Alewho IT's specialized services, ensuring seamless compliance, robust cybersecurity, and optimized performance.
What can we do for your accounting firm?
Focus on running your accounting firm!
Alewho IT's specialized services, ensures compliance, robust cybersecurity, and optimized performance.
We do all this so you don't have to.
Are you complying with the GLBA Act?
The Gramm-Leach-Bliley Act requires financial institutions – companies that offer consumers financial products or services like loans, financial or investment advice, or insurance – to explain their information-sharing practices to their customers and to safeguard sensitive data.
IRS Publication 4557
Protecting taxpayer data is the law. Federal law gives the Federal Trade Commission authority to set data safeguard regulations for various entities, including professional tax return preparers.
All accounting firms must comply
Secure your data and your clients!
As a CPA business owner, it's crucial to understand that compliance is not just a recommendation, but a legal requirement. All accounting firms must adhere to stringent regulations to protect client data, maintain professional standards, and avoid legal risks. Ensuring your firm is fully compliant is essential for safeguarding your reputation, building client trust, and securing the long-term success of your business.
See more details here from the IRS.gov
The right IT partnership will make the difference!
Alewho has a team of experts in security and all IT needs
MEET PART OF OUR TEAM
Alejandro D.
Your Guardian of the Digital Realm
Alejandro isn't just another IT professional; he's a seasoned cybersecurity warrior, standing guard against the ever-evolving threats lurking in the digital shadows. With a vast experience in cybersecurity, he's a walking encyclopedia of technical knowledge, ready to tackle any challenge thrown his way.
Lucas V.
System Administrator AKA Help Desk Hero
Tech Whisperer: He speaks fluent computer (probably a few other languages too such as Portuguese).
Lucas can diagnose issues with lightning speed and explain solutions in terms that make sense,even to the most tech-averse user.
Salim S.
Architect of Secure Software
Problem-Solving Virtuoso: Whether it's a complex algorithm or a security loophole,Salim thrives on tackling intricate challenges.He possesses a keen analytical mind and an insatiable curiosity,always seeking the most elegant and secure solution.
Trusted IT solutions for the real world.
Worried about data security and FTC compliance?
Get a free IT assessment tailored specifically for CPA and accounting firms. We'll identify vulnerabilities, recommend solutions, and provide a Written Information Security Program (WISP) to keep your client data safe.
Here's what you get with Alewho IT
Expert analysis of your IT infrastructure for security gaps and compliance risks.
Customized recommendations for implementing secure solutions and best practices.
A comprehensive WISP outlining your data protection strategy, meeting FTC requirements.
Most importantly you get peace of mind.
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Did you know?
Not complying could lead to severe repercussions!
If accounting firms do not comply with the Gramm-Leach-Bliley Act (GLBA) and fail to implement a Written Information Security Program (WISP) or other required safeguards, they could face several consequences:
Regulatory Fines and Penalties: Non-compliance with the GLBA can result in significant fines and penalties imposed by regulatory bodies such as the Federal Trade Commission (FTC) or state regulatory agencies. The amount of the fines can vary depending on the severity of the violation and the duration of non-compliance.
Legal Action: Clients whose personal financial information is compromised due to inadequate security measures may take legal action against the accounting firm. This could lead to lawsuits, settlements, and legal fees, which can be costly and damage the firm's reputation.
Reputational Damage: Non-compliance with privacy and security regulations can harm an accounting firm's reputation, leading to a loss of trust among clients and potential clients. This reputational damage can have long-term effects on the firm's business and client relationships.
Operational Disruptions: In the event of a data breach or security incident resulting from non-compliance, an accounting firm may experience operational disruptions. These disruptions can include the need for forensic investigations, remediation efforts, and increased scrutiny from regulators.
Increased Scrutiny and Oversight: Firms that fail to comply with the GLBA and other regulations may be subject to increased scrutiny and oversight from regulatory bodies. This can result in more frequent audits, additional reporting requirements, and ongoing monitoring to ensure compliance.
Overall, non-compliance with the GLBA and the failure to implement a WISP can have serious financial, legal, and reputational consequences for accounting firms. It is essential for these firms to understand and comply with their obligations under the GLBA and other relevant regulations to protect their clients' personal financial information and maintain the integrity of their operations.
The Team who can deliver the results you need.
Proven Track Record. Our portfolio speaks for itself.
Humberto Mendoza
We hired Alewho IT Solutions to manage our IT requirements in our business. We have received personalized and tailored services by Alejandro Duarte and his team. They delivered results on time just when they are needed to keep our business working.
Vane Espejo Carrillo
They been my go to IT group for years. Best costumer service and very helpful. I use them for my business and personal needs. Great prices you really can’t go wrong with them. I feel save that I am use if a company that has my back and not looking to charge me an arm and leg for something I would not need.
Shirley Dimitro
Stellar & prompt service! Alejandro of Alewho IT Solution is always available to answer all my questions, makes sure he is present whenever needed, and most of all, keeps calm and knowledgeable through all my panic attacks regarding any internet/computer related issues! I totally trust him with servicing my business and recommend him fully for all your IT needs!
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