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Showing posts with the label Texas data breach laws

IRS Audit Triggers in 2026: Small Errors That Flag Returns

IRS Audit Triggers in 2026: Small Errors That Flag Returns IRS Audit Triggers in 2026: Small Errors That Flag Returns TL;DR Summary Most “audit triggers” in 2026 are automated mismatches, not in-person audits. Small filing errors can flag returns when IRS data doesn’t match third-party reports. Careful reconciliation and quick responses to IRS notices can reduce risk. Many taxpayers worry that a minor mistake will automatically lead to an IRS audit. In reality, most issues that feel like audits begin with automated systems comparing what you reported against information sent to the IRS by employers, banks, brokers, and payment platforms. In 2026, these automated checks remain one of the most common reasons tax returns are flagged. While that can lead to additional tax and interest if left unresolved, many cases are fixable when addressed early. What Changed in 2026 and Why It Matters The biggest factor in 2026 is not a single ne...

Minimum Cyber Insurance in Texas (2025 Guide): Coverage, Costs & SMB Requirements

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Minimum Cyber Insurance in Texas (2025 Guide): Coverage, Costs & SMB Requirements Minimum Cyber Insurance in Texas 2025: What Coverage Do You Actually Need? Texas businesses in 2025 face rapidly growing cyber risks—from ransomware to data breaches that can cost millions. While **Texas does not mandate any minimum cyber insurance requirement**, businesses still face contractual, operational, and legal risks that require adequate cyber liability protection. TL;DR — Quick Summary • Texas has **no legal minimum** cyber insurance requirement. • Most SMBs choose **$100K–$1M** depending on data volume & industry. • Safe Harbor Law (Sept 2025) rewards businesses with NIST/HITRUST compliance. • Healthcare, finance & government vendors often require cyber coverage contractually. Is Cyber Insurance Required in Texas in 2025? There is **no statewide mandatory cyber insurance rule** for general businesses. However, many compani...

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