Press Release: Tax Guard Successfully Completes a Type II SOC 2 Examination on Controls Over Security Published October 11, 2017
Tax Guard, a due diligence and risk management service for lenders, is pleased to announce the successful completion of its Type II Service and Organization Control (SOC) 2 examination. The audit, performed by accounting firm Linford & Company LLP, confirms Tax Guard has maintained effective controls over the security of its tax reporting services.
A SOC 2 Type II report serves to assure existing or prospective customers that Tax Guard’s design of controls, relevant to the security of the systems used to process customers’ transactions or information, meet the stringent SOC 2 standards. A copy of this certification is available to existing and prospective customers upon request.
“Security is of utmost importance to the value of Tax Guard’s services. We are pleased that our SOC 2 report further affirms that we have the appropriate controls in place to mitigate security risks,” said Hansen Rada, Chief Executive Officer. “The report provides Tax Guard’s customers and prospects with independent, third-party verification that our operations meet or exceed corporate defined levels of processes and controls.”
About Tax Guard
Established in 2009, Tax Guard is the first company in the US to give lenders insight into their clients’ hidden real-time tax risks well before federal tax liens are filed. Lenders throughout the US rely on Tax Guard’s proprietary due diligence and monitoring reports both prior to financing and throughout the course of their lending relationships. Privately held and headquartered in Boulder, CO, Tax Guard utilizes a patent-pending, integrated process based on data obtained directly from the Internal Revenue Service. For more information, visit www.tax-guard.com or email firstname.lastname@example.org