Many thanks to Jackie Breland for her research and the following update for SC’s nonprofits. We’ll keep you posted as we learn more.
From Jackie Breland
It was reported today that as many as 657,000 South Carolina businesses had their tax information stolen in the security breach at the South Carolina Department of Revenue. This is the same security breach that also affected 3.6 million individuals living in South Carolina. Originally, the officials from South Carolina Department of Revenue believed that businesses were not exposed, but that apparently is not the case.
Like South Carolina individual taxpayers, South Carolina’s businesses will be able to obtain free credit monitoring. Businesses (and we are assuming at this point that this may include nonprofit organizations that file SC Form 990-T returns with the South Carolina Department of Revenue) that have filed returns in South Carolina can sign up for lifetime record monitoring from Experian starting today, and from Dun & Bradstreet, starting on Friday, November 2, 2012.
Here are the steps that we recommend you take as a South Carolina business:
1) Sign up for free lifetime monitoring for businesses starting today. Go to: www.smartbusinessreports.com/southcarolina
2) Sign up for free lifetime monitoring from Dun & Bradstreet through their “Credibility Corp” division, starting at 8:00 a.m., Friday, November 2, 2012. Go to www.dandb.com/sc or call: 800 / 279-9881. There is no registration deadline.
If you are a nonprofit organization that does not file a Form SC 990-T in South Carolina, we will be back in touch with you when we find out additional information about how this South Carolina Department of Revenue security breach may impact you.
Jackie Breland, CPA