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SOC 2 Type 1 vs Type 2: What Tax Professionals Need to Know

Don't Be Misled by Vague SOC 2 Claims - Your Clients' Data Security Depends on It
Published: May 29, 2025

Many accounting software providers advertise “SOC 2 compliance” without specifying which type they offer. This distinction isn’t just marketing jargon – it could be the difference between truly secure client data and potential vulnerabilities that put your practice at risk.

Our infographic breaks down everything tax professionals need to know about SOC 2 compliance types, including:

  • Clear explanations of Type 1 vs. Type 2 certification
  • Cost comparisons for different business sizes
  • Best use cases for each compliance type
  • How to verify a vendor’s actual compliance status

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SmartVault: SOC 2 Type 2 Compliant Document Management

SmartVault proudly maintains SOC 2 Type 2 certification. Schedule a Demo to see how our document management system protects your firm and client data.

Want to learn more? Read our detailed blog post about SOC 2 compliance for accounting document management.