2021 tax extension filers – file now; New WISP data security plan; Erroneous balance due notices (CP-14)

• 2021 tax extension filers don’t need to wait until October 17
  The IRS reminds the estimated 19 million taxpayers who requested an extension to file their 2021 tax return that they don’t have to wait until mid-October to do so. If a taxpayer has all the necessary information to file an accurate return, they can file electronically at any time before the October deadline and avoid a last-minute rush to file.

• Security Summit releases new WISP data security plan to help tax pros
  To help tax pros still struggling to develop a written security plan, the Security Summit partners released a new sample security plan – the Written Information Security Plan or WISP. It’s designed to help tax professionals, especially those in smaller practices, protect their data and information.

• Erroneous or incorrect balance due notices (CP-14)
  The IRS is aware that some payments made for 2021 tax returns have not been correctly applied to joint taxpayer accounts, and these taxpayers are receiving erroneous balance due notices (CP-14 notices) or notices showing the incorrect amount. No immediate action or phone call is needed.