Tax practitioners were reminded that they are required to maintain a written information security plan (WISP) to protect client information from identity theft and data breaches. IRS Publication 5708 provides a template and guidance.

In a letter to the PCAOB, TXCPA’s Professional Standards Committee supports the Draft 2026-2030 Strategic Plan but urges a thoughtful approach to implementation. The PSC emphasizes balancing transparent inspection reporting with due process and accuracy.

TXCPA’s Federal Tax Policy Committee expressed concerns about Revenue Agents requiring taxpayers to personally attend interviews despite having an authorized Power of Attorney representative, which conflicts with Internal Revenue Code Section 7521(c).