{"id":57048,"date":"2024-11-15T08:00:00","date_gmt":"2024-11-15T14:00:00","guid":{"rendered":"https:\/\/taxprocenter.proconnect.intuit.com\/?p=57048"},"modified":"2024-11-13T09:46:56","modified_gmt":"2024-11-13T15:46:56","slug":"completing-your-wisp-for-ptin-renewal","status":"publish","type":"post","link":"https:\/\/accountants.intuit.com\/taxprocenter\/practice-management\/completing-your-wisp-for-ptin-renewal\/","title":{"rendered":"Completing your WISP for PTIN renewal"},"content":{"rendered":"\n

A Written Information Security Plan<\/a> <\/strong>(WISP) is required for all PTIN or tax preparers<\/a>, regardless of how many clients you may have, in conjunction with the FTC Safeguards rule<\/a>. A well-maintained WISP is not only a requirement under federal law, but an invaluable tool for identifying and mitigating potential security risks in your practice. In this article, we\u2019ll guide you through the essentials of updating your WISP to ensure it aligns with PTIN renewal requirements and the latest security best practices.<\/p>\n\n\n\n

What should be included in the WISP?<\/strong><\/p>\n\n\n

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\"Front<\/a><\/figure>\n<\/div>\n\n\n

When writing your WISP, consider your company\u2019s size, complexity, and scope. A large firm will have a longer, more robust plan than a smaller firm\u2014so there isn\u2019t a one-size-fits-all approach. However, there are three key areas each WISP should include: <\/p>\n\n\n\n

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  1. Employee management and training<\/li>\n\n\n\n
  2. Information systems and technology<\/li>\n\n\n\n
  3. Detecting and managing system failures<\/li>\n<\/ol>\n\n\n\n

    Ensure your WISP covers, and includes, the following elements:<\/p>\n\n\n\n