WISP: Required by federal law for tax practitioners
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WISP: Required by federal law for tax practitioners

14 days ago · 3 min read

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Do you have a current Written Information Security Plan, often referred to as a WISP? If you said no, you are not alone. We ask this question during our security training programs and find a significant number of firms currently do not have a WISP. Many say they were not aware of this requirement even though they attested to it with their PTIN renewal (IRS Form W-12) with a check box confirmation, which has been there since October 2019.

So,

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