Concerns About Data Privacy for US Taxpayers
MyExpatTaxes
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Data privacy is a growing concern for everyone, particularly for US taxpayers living stateside and those abroad. This is especially true when high-profile figures like Elon Musk are in the headlines for gaining access to vast amounts of personal information, such as Social Security Numbers.
With the increasing use of tech and data-driven services, MyExpatTaxes understands that many US citizens are worried about who can access their sensitive financial data or other private details. This concern may be even more heightened for US expats as they navigate the complexities of filing from abroad. It isn’t just about compliance - it’s about having the peace of mind to know that your personal, sensitive data is safe from unauthorized access, misuse, or even exploitation.
Worrying about if your data is compromised or could be sold to third parties is a founded fear. However, it is essential to recognize that most US expats are not likely to be directly impacted by the actions of public figures.
Why Your Sensitive Information Matters:
When it comes to US expats, the stakes could not be higher. Social Security numbers, foreign and domestic tax records, and other financial data ought to be treated with the utmost care. Those living abroad already know their data is processed and stored by various organizations, including financial institutions, local government offices, and even tax preparation services such as MyExpatTaxes. This is why ensuring the protection of your information is critical for personal security.
The IRS, reputable financial institutions, and MyExpatTaxes are subject to strict rules and regulations designed specifically to protect your sensitive data. But even with these regulations in place, not all companies adhere to the same security practices as MyExpatTaxes.
As expats ourselves, the team at MyExpatTaxes understands that your personal information is valuable and that keeping it safe is the bare minimum that every tax software company should aim for. Unfortunately, it is becoming increasingly common to discover tax companies have sold user data to third parties.
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GDPR Compliance: Protecting Your Privacy at Every Step
At MyExpatTaxes, we take privacy seriously and adhere to the highest standards. This includes compliance with the General Data Protection Regulation (GDPR) for the European Union (EU). As a company that serves Americans worldwide, it only made sense to hold ourselves accountable to some of the most globally rigid privacy laws. Having MyExpatTaxes incorporated in Austria (instead of setting up an LLC in Delaware) was done intentionally.
When you use MyExpatTaxes, you can know and trust that your sensitive information is kept with the highest level of security and that your privacy is respected. Our software was built with advanced encryption and security protocols to protect against unauthorized access.
Your Data is Yours: No Third-Party Selling
With the rise of data-thieving and money-hungry companies, there are valid fears about your personal information being sold to a third party. Let’s reiterate something:
At MyExpatTaxes, we never, under any circumstances, sell or share your personal data with third parties except with your explicit consent.
Your information is strictly used to process your US expat tax return—nothing more, nothing less. We are fully transparent about the data we collect and how it is used, keeping control of your sensitive information in your hands.
We are dedicated to providing a platform that prioritizes your confidentiality and builds trust. Other companies might share or sell your data to third parties for marketing or other purposes, but MyExpatTaxes is here for one reason: To help you file your taxes safely, securely, and with no strings attached.