The IRS is forcing all tax preparers to have a data security plan. “There’s no way around it for anyone running a tax business. Having a written security plan is a sound business practice – and it’s required by law,” said Jared Ballew of Drake Software, co-lead for the Summit tax professional team and incoming chair of the Electronic Tax Administration Advisory Committee (ETAAC). 

On this year’s PTIN renewal: “You certify that as a tax preparer you are aware that you need a written data security plan.” Is one of the questions you must answer. Get ahead of the renewal so you have it ready.

Download the WISP template, fill it out to keep your license and maintain compliance.