Stay current on WISP compliance, IRS regulatory updates, and cybersecurity best practices.
A Written Information Security Plan is now a legal requirement for every tax preparer who handles client data. Here is what it is, why the IRS requires it, and what happens if you do not have one.
IRS Publication 4557 outlines nine specific sections every WISP must include. We break each one down in plain English so you know exactly what an audit-ready plan looks like.
The updated FTC Safeguards Rule expanded the definition of "financial institution" to include tax preparers. Here is what changed, what you are now responsible for, and how it overlaps with your IRS WISP requirement.
