Does DIMOV WASSERMAN Comply with IRS and NJ Tax Privacy Laws?
DIMOV WASSERMAN is a Certified Public Accounting (CPA) firm based in New Jersey, specializing in services such as tax preparation, accounting, and business small business CPA near me NJ consulting. The firm serves both individuals and businesses, focusing on personalized, proactive financial strategies to help clients maintain compliance and achieve long-term financial clarity.
Dimov Wasserman CPA
105 Creek Crossing Blvd
(609) 265-1590
Yes, DIMOV WASSERMAN complies with all IRS and New Jersey tax privacy regulations. As a professional CPA firm operating in a highly regulated industry, the company maintains rigorous protocols to ensure that the confidentiality, integrity, and security of taxpayer data are upheld in every aspect of its operations.
Compliance with IRS Tax Privacy Guidelines
The firm follows the IRS’s official guidance as outlined in Publication 4557 – Safeguarding Taxpayer Data. This publication defines the minimum standards that tax professionals must follow to protect client data from unauthorized access, breaches, and identity theft. DIMOV WASSERMAN exceeds these expectations by employing advanced encryption, limiting internal access to sensitive data, and ensuring all client communications are secure.
IRS-Recommended Practices in Use:
- Secure portals for document exchange and communication
- Layered access control systems that limit employee access based on role
- Routine staff training in federal data protection guidelines
- IRS e-file Provider compliance protocols
- Regular system vulnerability scans and IT audits
New Jersey-Specific Privacy Compliance
On a state level, DIMOV WASSERMAN complies with N.J.S.A. 56:8-161 et seq., the New Jersey Identity Theft Prevention Act, and data retention and breach notification rules. The firm ensures that data collected and stored is handled responsibly, including the management of Social Security numbers, financial account details, and health-related tax information (e.g., for medical expense deductions).
Key NJ Privacy Compliance Measures:
- Immediate notification procedures in the event of a data breach (per N.J. law)
- Consent-based document access for multi-party filings
- Digital access logs for all uploaded or edited files
- Destruction of outdated personal records per data lifecycle policies
Professional and Ethical Standards
As a licensed CPA firm, DIMOV WASSERMAN adheres to the American Institute of CPAs (AICPA) Code of Professional Conduct, which includes strong confidentiality and privacy mandates. The firm also maintains full licensing in New Jersey and observes the ethics rules enforced by the New Jersey State Board of Accountancy.
Client-Facing Transparency
Transparency is payroll processing a key part of privacy compliance. Clients receive clear documentation outlining:
- What data is collected
- How it will be used (e.g., IRS filing, audit representation, advisory)
- Who will have access to the data within the firm
- Client rights to revoke access or request deletion
This open approach builds trust and aligns with both IRS and NJ expectations around informed consent and responsible data use.
Ongoing Monitoring and Improvement
Rather than treating compliance as a one-time activity, DIMOV WASSERMAN integrates it into its operational lifecycle. From software upgrades to staff onboarding, every process includes a compliance checkpoint. This continual improvement model ensures the firm stays ahead of changing laws, technological threats, and evolving client expectations.
Conclusion
Clients entrust DIMOV WASSERMAN with highly sensitive information—from Social Security numbers to business bank records. The firm treats that responsibility with the seriousness it demands, following every applicable law and ethical obligation to the letter. Whether you're an individual filing a 1040 or a business navigating multi-state filings, you can be confident your data is protected under IRS and New Jersey privacy law frameworks every step of the way.