The Importance of Creating a WISP for Your Tax Practice

And free tools you can use to get started today!

What is a WISP?

A WISP also known as a Written Information Security Plan, is something that the IRS requires tax professionals to have in place, to protect themselves, their firm, and their clients.

As a tax preparer, creating a WISP is essential for your business. Plus, the law requires all tax preparers to have one in place, that is kept up-to-date/updated on an annual basis. Unfortunately, most professionals don’t even know where to begin when it comes to creating a WISP for their practice.

That’s where TaxAct Professional comes in. We’ve put together a handful of resources to assist you as you create your WISP, in preparation for the upcoming tax season.

Upon completing the form below, you will be redirected to a webpage that houses all of this content. Here you will find sample information, links, tables, guides, and more, to help you every step of the way. From there, we encourage you to download all documents onto your computer, bookmark the page, and bookmark any other links you wish to save, so you can easily look back on them at a later date.

Don’t wait until the end of 2024 to get started on your WISP – start today. Tax season will be here before you know it and it’s important that you prioritize developing this plan, so that you can properly safeguard client data in TY24.

What’s Included*:

  • TaxAct Professional’s Data Security Guide
  • WISP Guide from the IRS
  • Publication 5709 from the IRS
  • Article from Journal of Accountancy

Interested in accessing these resources? Simply follow the steps below…

  1. Please complete the form below.
  2. Click submit.
  3. Once the form has been submitted, your webpage will be redirected to a link where you can view and download this content.

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*The material and information provided is for general information purposes only. You should not rely upon the material or information as a basis for making any business, legal or any other decisions. TaxAct makes no representations or warranties of any kind, express or implied about the completeness accuracy, reliability, suitability or availability with respect to the material and information provided for any purpose.