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TaxDome achieves SOC 2 certification: A milestone in our commitment to security

At TaxDome, we believe in the power of technology to revolutionize the accounting and tax industry. Our mission is to provide innovative solutions that not only streamline processes, but also ensure the utmost security and privacy for our clients’ data. We recently achieved a significant milestone in our journey: TaxDome has received SOC 2 certification.

Understanding SOC reports

System and Organization Control (SOC) reports are a series of standards designed to help measure how well a given service organization conducts and regulates its information. There are two primary types of SOC reports: SOC 1 and SOC 2. SOC 1 focuses on the internal controls related to financial reporting, while SOC 2 is more concerned with the security, availability, processing integrity, confidentiality, and privacy of a system.

The importance of SOC 2 certification

SOC 2 certification is particularly relevant for technology and cloud-based companies such as TaxDome, as it assesses the effectiveness of our security measures. This rigorous evaluation is conducted by independent auditors and is based on the Trust Services Criteria established by the American Institute of Certified Public Accountants (AICPA).

Achieving SOC 2 certification is not easy. It requires a comprehensive examination of our data security protocols, including how we handle sensitive information, our disaster recovery plans, and our overall commitment to maintaining a secure and reliable platform.

The SOC 2 examination process

The SOC 2 examination is a rigorous process that involves the following:

1. Initial assessment

SOC 2 compliance begins with a comprehensive evaluation of the service organization’s existing security measures and protocols. During this phase, an independent, certified public accounting firm conducts an in-depth review of the organization’s control environment, including policies, procedures, and processes related to the trust services criteria.

This initial assessment involves examining documentation, observing operations, and conducting interviews with key personnel to identify potential gaps or areas for improvement. The auditors perform a thorough risk assessment to pinpoint vulnerabilities that could impact the organization’s ability to meet SOC 2 standards.

2. Preparation

Based on findings from the initial assessment, the service organization implements the necessary adjustments and enhancements to align its security practices with SOC 2 criteria. This preparation phase may involve updating policies, strengthening controls, enhancing training programs, and implementing new processes to address any identified weaknesses.

The organization works closely with the auditors to ensure that all required changes are implemented effectively and in compliance with the trust services criteria.

3. Audit

With the necessary preparations in place, the service organization engages with the independent auditing firm for a comprehensive audit to assess its compliance with SOC 2 standards. During this phase, the auditors develop and execute a series of tests to evaluate the design and operating effectiveness of the organization’s controls.

These tests may include inspecting records, observing processes, and performing walkthroughs to validate the implementation and adherence to established security controls. The auditors conduct a thorough examination to ensure that the organization meets the rigorous requirements for security, availability, processing integrity, confidentiality, and privacy.

4. Certification

Upon successfully completing the audit and satisfying all SOC 2 requirements, the service organization is awarded the prestigious SOC 2 certification. This certification serves as evidence of the organization’s commitment to maintaining a secure and compliant environment, adhering to industry best practices, and upholding the highest standards of data protection.

What this means for our clients

The SOC 2 certification is a testament to our dedication to the highest standards of security and privacy. It assures our clients that their data is in safe hands and that we are equipped to protect against potential threats. This certification also reflects our ongoing commitment to transparency and accountability in our operations.

As we celebrate this milestone, we want to express our gratitude to our clients for their trust and support. We remain committed to continuously improving our security measures and providing the best possible service.

To request our official SOC 2 report or for any related questions or concerns, please contact

TaxDome’s SOC 2 certification is more than just a badge of honor; it’s a promise to our clients that we prioritize their security above all else. We look forward to upholding this promise and continuing to serve as a trusted partner in the accounting and tax industry.

Last updated April 11, 2024