The new rules, as revised and released February 12, 2009, are designed to protect Massachusetts residents from identity theft and are expected to have a significant impact on many nonprofit organizations. Although slightly less onerous in the revised form, those who maintain employee data, track donor information, maintain data relative to human service programs, or otherwise manage or process personal information on paper or in electronic form must be compliant by the new January 1, 2010 deadline rather than the January 1, 2009 deadline originally enacted and subsequent May 1, 2009 extension of certain provisions.
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By Christopher S. Johnson, CPA
Parent, McLaughlin & Nangle, CPAs
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