Creating a Written Information Security Plan for your Tax & Accounting Practice

The IRS Publication 5708 provides a practical guide to creating a Written Information Security Plan (WISP) tailored for tax and accounting professionals. Required by the Gramm-Leach-Bliley Act, a WISP outlines the measures firms must take to safeguard client data. From assessing risks and implementing safeguards to training employees and handling breaches, this guide simplifies compliance for firms of all sizes. With clear templates and actionable steps, it ensures you meet legal obligations while protecting your clients’ sensitive information.