Has your business or tax profession been a victim of a personal data breach?A data breach is the intentional or unintentional release or theft of secure information. It can be a phishing scheme or a sophisticated cyber-attack on business computers by criminals. Criminals use this data around the country to file fraudulent tax returns. This could have a negative effect on the victim's tax accounts with state tax agencies. If your business or tax profession has been a victim of a personal data breach, you should provide notice to states be emailing [email protected]. Latest News:FTA Stands with States Affected by TornadoesEarly in the week of March 21, a tornado struck parts of New Orleans, Louisiana and the surrounding area, including St. Bernard, Jefferson and St. Tammany parishes. Governor John Bel Edwards has declared a state of emergency following this disaster and will travel to affected areas on March 23.This storm system also caused damage in Texas, where Governor Greg Abbott visited Sherman and Elgin, and Oklahoma, where Governor Kevin Stitt visited Kingston. The team at FTA would like to express our heartfelt concern and empathy for the people of Louisiana, Oklahoma, and Texas during this challenging time. We’d also like to express our readiness to help the state departments of revenue. We’ll be sharing tax relief news and updates as they emerge. Click here to visit the IRS Disaster Assistance page. FTA Provides Feedback to Senate Finance Committee on 2022 Filling SeasonIn response to the Senate Finance Committee’s hearing on February 17, FTA provided feedback on the key issues facing state tax administration during this filing season. FTA’s comments to the Committee focused the intersection between the federal and state tax codes, revenue collection from the last few years, and the structure of state departments of revenue. To read FTA’s feedback, please click here.
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